Re:Patreon Raises $90M Series E at $1.2B Valuation
by adwn on Wednesday September 02, 2020 @03:36AM
(#24350926)
> To hit a few hundred million in revenue a year and earn their valuation [...]
Revenue doesn't earn a valuation, profit does. Hundreds of million in revenue is worthless on its own – unless you can dump your shares on the next Greater Fool.
Revenue doesn't earn a valuation, profit does. Hundreds of million in revenue is worthless on its own – unless you can dump your shares on the next Greater Fool.