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> To hit a few hundred million in revenue a year and earn their valuation [...] Revenue doesn't earn a valuation, profit does. Hundreds of million in revenue i
by adwn 6y ago
> To hit a few hundred million in revenue a year and earn their valuation [...]
Revenue doesn't earn a valuation, profit does. Hundreds of million in revenue is worthless on its own – unless you can dump your shares on the next Greater Fool.