Re:Substack is laying off 14% of its staff
by roflyear on Tuesday July 05, 2022 @11:35AM
(#31989460)
Yeah but you're changing the subject. Obviously if the business is garbage it is garbage. I'm not saying these businesses are good. I'm just saying you absolutely cannot make a blanket statement like "valued at 72x rev is bullshit" if my business is growing even 2-3x a year, it could be ok. In a few years (6-7) if I keep that up my revenue will outpace even my original valuation.
It means nothing to look at revenue and valuation alone.
It means nothing to look at revenue and valuation alone.