Bingo. I have a profitable, scalable enterprise. We're worthless because we're profitable - if you make money, your value is a multiplier of profit. Now, if yo

Bingo. I have a profitable, scalable enterprise. We're worthless because we're profitable - if you make money, your value is a multiplier of profit. Now, if you run a startup that makes no revenue, or even loses huge amounts of money, your value is a multiplier of the profit you could theoretically in a crack dream make.