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This explanation is too vague to be of any use. You can apply this argument to any company whatsoever, in which case all tech companies should be worth $50B. T
by Kranar 5y ago
This explanation is too vague to be of any use. You can apply this argument to any company whatsoever, in which case all tech companies should be worth $50B.
The question is why is Docusign, specifically, valued at $50B while other tech companies, even those that are publicly traded, are not valued at $50B.
- anm89 5y agoRight, every medium and large tech stock is trading at ridiculous multiples with very few exceptions. Thats the whole point. Obviously when describing a factor in the stock market your goal isn't to list every single influence but this one influence far and away dominates tech stock valuations