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Assuming run rate revenues of around $2.5B, I assume this will be valued around 15x revenues, so $37.5 billion. Just a wild guess.
by soniman 6y ago
Assuming run rate revenues of around $2.5B, I assume this will be valued around 15x revenues, so $37.5 billion. Just a wild guess.
- adventured 6y agoOverstock is going for ~1.4 times sales (and that's 3x inflated versus May due to OSTK recently joining the bubble party). If by some miracle Wish gets 15x, they'll be a spectacular short opportunity.
- soniman 6y agoWish was valued at $11 billion in the last VC round in 2019. Since then Shopify is up 200% so if Wish is being valued off Shopify then $37.5 billion isn't far off. Shop's price to sales is 50x so 15x isn't outrageous for Wish. Shop is growing faster but Wish's economics are better.
- ganoushoreilly 6y ago> https://www.amazon.com/Wireless-Headphones-Bluetooth-Earbuds https://www.amazon.com/Wireless-Headphones-Bluetooth-Earbuds... But Wish is in a retailer vs Shopify as a platform. I Highly doubt wish has the same value. In fact, I don't know a single instance of someone shopping wish and being satisfied. Someone will buy it, it'll probably be way over valued, and it will eventually drop back.
- soniman 6y agoShopify is a service provider, it's not a platform because it doesn't control the relationship with the consumer. Wish is an aggregator on both sides and that's why it's a platform.