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I am saying that valuing a company at a value $10B or $100B it's not outrageous in any way. You said you cannot take seriously any VC that values a company abov
by danielpal 12y ago
I am saying that valuing a company at a value $10B or $100B it's not outrageous in any way. You said you cannot take seriously any VC that values a company above $10B implying that no company can go above $10B or that they are somehow insane to think that could happen.
This is simply no outrageous in any way and it was likely a very competed investment - I do think that Snapchat can achieve a value much larger than $10B or even $20B. Outrageous I would say is $1 trillion.
- downandout 12y ago>"You said you cannot take seriously any VC that values a company above $10B implying that no company can go above $10B or that they are somehow insane to think that could happen." I said nothing of the sort. I said that Snapchat is not worth $10 billion and likely never will be. For reference, my exact words were: "I just can't take seriously any VC valuing this company at $10 billion"