4 ms·
That sounds like a very low offer. A 4:1 P/E ratio is what you expect from a steel company, not a tech startup showing exponential growth.
by dfranke 19y ago
That sounds like a very low offer. A 4:1 P/E ratio is what you expect from a steel company, not a tech startup showing exponential growth.
- jorgeortiz85 19y agoRight. If your growth really is exponential, then drag out the deal a month or two, at which point their valuation is so outdated they have to make a new one.
- mrtron 19y agoAt which point you are still getting a crappy multiple? If your growth is really exponential...that should be an additional 10x multiple. So, 30-40x multiple overall.
- DavidSJ 19y agoActually, a steel company gets about 15: http://finance.google.com/finance?q=NYSE:X http://finance.google.com/finance?q=NYSE:X Established high-tech companies like Google or Apple get 25-35 if good growth is expected. They're trying to rape you.