Without information, though, it's all speculation Right - that's the point. The valuations are not based on actual profits or profit potentials but rather on s

Without information, though, it's all speculation Right - that's the point. The valuations are not based on actual profits or profit potentials but rather on speculation/hype, which means bubble, and when a bubble bursts, it ends up hurting the entire community. Obviously, startup valuation is not a science. BUT when valuations are based on wild projections (such as FB will be be more profitable than Google), then someone must call it out.