That article is just incredible. $11MM raised, assuming 25% dilution, giving them a ~$44MM valuation on only $1MM in revenue? I had not the faintest idea ther

That article is just incredible. $11MM raised, assuming 25% dilution, giving them a ~$44MM valuation on only $1MM in revenue? I had not the faintest idea there was a huge valuation bubble in my own industry. I am a little bit shocked.