6 ms·That was $100B in profits, not valuation.by medler 10mo agoThat was $100B in profits, not valuation.zozbot234 10mo agoProfits over what timeframe? Valuation is just the total sum of profit discounted for time and risk.medler 10mo agoI think the idea was that it was the sum of all historical profits. Contrast that with valuation, which at best is about the expectation of future profits.