3 ms·
Seems reasonable, it is hopefully on track to head towards something closer resembling its actual value.
by dafelst 4y ago
Seems reasonable, it is hopefully on track to head towards something closer resembling its actual value.
- brookst 4y agoIt’s tough because “actual value” is roughly NPV of future profits. The magic of exponents says that a 5% market share difference 10 years from now is hundreds of billions of dollars difference in value today. So it’s very hard to agree on actual value. It’s certainly not an objective number; it will always depend on assumptions about future profits and rates of change.