3 ms·
What do public EV markets have to do with private PaaS VC investments? You would have a case if Vercel has no revenue, or no chance of becoming profitable. I d
by lwb 5y ago
What do public EV markets have to do with private PaaS VC investments?
You would have a case if Vercel has no revenue, or no chance of becoming profitable. I don't know their numbers, and I'm sure the multiple is high, but relating this to EVs is a non-sequitur.
- missedthecue 5y agoEVs are also venture funded startups, and the excess is more obvious there than in an obscure PaaS company. But still, two $100 million rounds within months of each other, as Vercel has done, is pretty outside of the norm.