Relatively low valuation is a common feature of ambitious work. The ultimate outcome is too uncertain and it's too far in the future to matter in the market. An

Relatively low valuation is a common feature of ambitious work. The ultimate outcome is too uncertain and it's too far in the future to matter in the market. And even if you make a breakthrough, somebody else may be in a better position to take advantage of if. That last point is important. Even if you discover something truly valuable, there is no particular reason to believe that you will be the one getting rich by it.