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How is it that a technologically sophisticated aircraft company, that probably burns through cash or needs enough of it, produces advances in technology that ha
by kumarvvr 5y ago
How is it that a technologically sophisticated aircraft company, that probably burns through cash or needs enough of it, produces advances in technology that have the potential to be useful downstream in other areas, advances human knowledge and experience in a multitude of areas, gets only 141 million, while a creative way to sell people ads (FB, IG, SC....) gets billions of dollars.
- asperous 5y agoValuation is based on risk and net present value of projected profits. Advertising revenue is well proven and arrives quick, while as you mentioned this endeavor has high costs, high risks, and is not likely to be profitable for a long time, decreasing present value.