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So, pricing it around 1/10th the price for 1/17th the users is execessive, but it should be worth at least a billion, right?
by muhfuhkuh 14y ago
So, pricing it around 1/10th the price for 1/17th the users is execessive, but it should be worth at least a billion, right?
- Travis 14y agoAll else equal, maybe. You know what screams "bubble" to me? Everyone defending valuations by comparing the company du jour to Facebook. It's like arguing that Webvan wasn't overvalued because Amazon.com has been successful. Unless a seriously meaningful connection between Facebook and Pinterest is drawn, the comparison is meaningless.
- deleted 14y ago[deleted]
- jamiequint 14y agoFacebook's P/E is on par with Google's IPO P/E. So was Google a bubble company too?