It seems like a more realistic/useful current valuation than many of these pie-in-the-sky valuations or acquisitions, given that they actually have real revenue

It seems like a more realistic/useful current valuation than many of these pie-in-the-sky valuations or acquisitions, given that they actually have real revenue, do a useful thing, etc... seems about right to me for today. Surely that will grow- and that's what they are hoping on.