4 ms·
I can't actually find anything that supports a $400M valuation. ChatGPT seems to agree, that there's no public documents supporting that valuation, and an estim
by sgerenser 5mo ago
I can't actually find anything that supports a $400M valuation. ChatGPT seems to agree, that there's no public documents supporting that valuation, and an estimate of $6-$10M year in revenue sounds in the ballpark, meaning a value nowhere near $400M. But something as high as $100M is probably appropriate if their profit margins are high, which would be expected for a franchisor.
- prepend 5mo agoI’m guessing the valuation is just youtube bs/hype. 10-15x earnings seems pretty massive. But perhaps there is more money in the used lego market than I thought.