People use confidential figures for fundraising all the time. Just because its not public doesn't mean its not being used to trade off. That being said, the ac

People use confidential figures for fundraising all the time. Just because its not public doesn't mean its not being used to trade off. That being said, the accounting issues are technical and sort of a side point. Private investors at this stage ($10BN+ valuation) can do their own math. Its more frame of mind of hyperbole that is relevant, IMHO.