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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.

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