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I really wonder what the 500M and 750M valuations are based on, or are those just the numbers needed to justify additional investment.? Also, it would make sen
by javery 17y ago
I really wonder what the 500M and 750M valuations are based on, or are those just the numbers needed to justify additional investment.?
Also, it would make sense that this is slimming up with the hope of being acquired. Reduce head-count, pour effort into premium services to bump revenue, then sell.
- froo 17y agoI'd suggest the valuations are based on perceived value by the investors. That's how we get insane valuations of $15 billion for Facebook when they were hemorrhaging money (not the case now of course). Either way, I suspect its part voodoo and part negotiations when you're talking about speculative valuations like this