> A thing is worth what someone else will give you for it. You are correct, however, selling 0.00001% of my company to some schmuck for 100$ does not mean peop

> A thing is worth what someone else will give you for it. You are correct, however, selling 0.00001% of my company to some schmuck for 100$ does not mean people are willing to give me 1 billion dollars for te rest of it. Many so called "unicorns" seem to be closer to that scenario than to actually having a market valuation of 1 billion dollars.