6 ms·
I have a feeling a lot of people here read the headline, hit the paywall, and had a reaction. This is just the ridiculous estimate of TAM that every IPO contain
by IAmGraydon 22d ago
I have a feeling a lot of people here read the headline, hit the paywall, and had a reaction. This is just the ridiculous estimate of TAM that every IPO contains, and it's always a complete clown show. Uber set their TAM at $6T in 2019. They currently do $50B per year in revenue. SpaceX set theirs at $28.5T on $18B of revenue. These numbers are not to be taken seriously at all. Each claim has to be more outrageous than the last because that, after all, is what they're selling in their IPO.
https://archive.is/iJskQ https://archive.is/iJskQ