4 ms·

Thanks for the detailed answer!

• bane 11y ago
  Sure, I forgot to add that the "winning" company that remains has some kind of absurd valuation based on how much V.C. they've taken -- something like an order of magnitude larger than the size of the entire market and it's pretty well known on the street that they aren't anywhere near profitability. It's from this experience that I really started to learn about how lousy a metric valuations are for just about anything.