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>For some reason, I just feel this price is too high for them and that it will fall in the coming 2-3 months. They've got a lot going for them they are: A ver
by treis 6y ago
>For some reason, I just feel this price is too high for them and that it will fall in the coming 2-3 months.
They've got a lot going for them they are:
A verb now like Google or Zoom.
The dominant player in a global 2 sided market
Potential major competitors (i.e. AirBnB by Marriott) are blocked by legal complications
They're going to be very profitable for a long time. A 100billion valuation is a tall order as it implies that, at some point, you start generating 10 billion a year or so in cash flow. But I can see them doing that.
- giarc 6y agoBecoming a verb can be hit or miss. Take for example Kleenex. If I say to you, "can you grab me a box of Kleenex at the store" you don't instinctively buy Kleenex brand, you buy whatever is on sale/stands out/is your regular brand.
- treis 6y agoKleenex has been the leader in their segment for a century now and has half the market.