The best companies always look too expensive. Market leaders get higher prices Posted by ddodge on Monday January 03, 2011 @05:38PM from the dondodge.typepad.com dept. http://dondodge.typepad.com/the_next_big_thing/2011/01/facebook-twitter-and-startup-valuations.html ( 1 comment | 4 points | on HN )
You don't get reminded about the 50m valuations that got paid for companies that fizzle and die.
Hindsight is 20/20.