4 ms·
For a pre-revenue or just recent revenue product, that’s exactly what valuation is based on. In a word: team.
by zaroth 9y ago
For a pre-revenue or just recent revenue product, that’s exactly what valuation is based on. In a word: team.
- ramzyo 9y agoMeh, sure, for a smaller team, but I have a hard time agreeing with this explanation when a company has a $20 billion valuation.
- andrepd 9y agoA $20,000,000,000 valuation?
- ramzyo 9y agoYes. https://www.forbes.com/sites/stevenbertoni/2017/07/10/wework-hits-20-billion-valuation-in-new-funding-round/ https://www.forbes.com/sites/stevenbertoni/2017/07/10/wework...
- briandear 9y agoHow the hell is WeWork “pre-revenue” or even “recent revenue” — they have been around since 2010. Yet the CEO is admitting that the valuation is pretty much bullshit; how can “spiritually” make a single note but of difference for how much a company is worth? Imagine if a company said they were highly valued because they were committed to prayer and going to church every Sunday.
- IncRnd 9y ago> For a pre-revenue or just recent revenue product WeWork started in 2010. If they aren't making money after 8 years, then they aren't pre-revenue at a $20,000,000,000 valuation but scammers. Every other lease company says these types of rentals are lucrative, so why aren't they for WeWork?