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If you don't believe the Twitter stock is (going to be) worth anything why would you buy the stock? Of course a valuation is for the people who are optimistic
by tinco 13y ago
If you don't believe the Twitter stock is (going to be) worth anything why would you buy the stock?
Of course a valuation is for the people who are optimistic about the future of the company, because that is who you are going to sell the stock to.
A twenty fold increase in revenue is not at all unheard of, and as far as I know a standard estimate in the sector.