Investors Find Ways to Indirectly Profit from Valuable Startups

Re:Investors Find Ways to Indirectly Profit from Valuable St... by jhonovich on Monday August 10, 2015 @12:45PM (#10035744)

"Pier 88 put money into HomeAway, a publicly traded Internet company that competes with Airbnb, but has a market capitalization of just $2.95 billion."

Just? It's still trading at ~7x sales and ~70x earnings with revenue growth less than 30% year over year. How much more should this company be worth?

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Re:Investors Find Ways to Indirectly Profit from Valuable St... by gburt on Monday August 10, 2015 @01:40PM (#10036052)

Indeed. To me, this article seemed like a PR piece designed to increase HomeAway's stock price.

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Re:Investors Find Ways to Indirectly Profit from Valuable St... by bradleyjg on Monday August 10, 2015 @03:49PM (#10036827)

I guess it isn't an illegal pump and dump scheme if you get your buddy at the New York Times to pimp your latest stock pick rather than sending out a whole bunch of spam emails?

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Re:Investors Find Ways to Indirectly Profit from Valuable St... by toufka on Monday August 10, 2015 @01:59PM (#10036163)

Doesn't that just mean that AirBNB's numbers would be even worse?

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Re:Investors Find Ways to Indirectly Profit from Valuable St... by Matt_Mickiewicz on Monday August 10, 2015 @12:52PM (#10035781)

At least it has earnings, AirBnB is probably in the red.

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