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A comment on Freight startup Flexport soars from ‘unsexy’ to $800M valuation. Parent comment

Re:Freight startup Flexport soars from ‘unsexy’ to $800M val... by spiznnx on Friday September 22, 2017 @01:57PM (#15314288)
A company is usually worth a multiplier of annual earnings, since they make that money every year.
[ Parent | on HN ]
Re:Freight startup Flexport soars from ‘unsexy’ to $800M val... by eloff on Friday September 22, 2017 @02:51PM (#15314733)
Startups are not evaluated like that though, the earnings multiplier approach only really applies to big public companies, and even then not so well - just look at Tesla or Amazon stock.
[ Parent | on HN ]