5 ms·
I'm not particularly knowledgable in this area, but shouldn't a revenue generating company with a $1B valuation be making more than that? 4X revenue is $732M
by rwhitman 14y ago
I'm not particularly knowledgable in this area, but shouldn't a revenue generating company with a $1B valuation be making more than that? 4X revenue is $732M
- DanielCole 14y agoValuation is based on the total addressable market for travel and other markets, not what they are booking today. If this growth continues their revenues will certainly justify the valuation even before moving into adjacent markets.