Re:Show HN: Stretch – Free limousine rides
by wand3r on Monday May 29, 2017 @10:37AM
(#14439295)
They didn't mention it, but unlike Uber they aren't being sued by a rival company, their employees and their contractors while being actively boycotted by customers. Also, prob don't have a 10-figure burn rate.
So simple vc math would dictate a valuation like:
Absolute value of their earnings.
9999999 Growth Multiple
+ $1M for having an app
- $500k for not blogging about react
Basically already a unicorn