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Re:Jet.com’s Valuation Nears $600M Before Launch by staunch on Wednesday February 11, 2015 @10:32PM (#9037218)
> But Jet.com is a company worth $600M with no product

This is a common misconception. They are not "worth" $600M just because investors put a little money in at that valuation.

Buying 10% of an old car for $60M doesn't make it worth $600M to anyone.

Re:Jet.com’s Valuation Nears $600M Before Launch by garazy on Wednesday February 11, 2015 @10:45PM (#9037262)
Exactly right, "worth" should only really be used if someone else would pay $600M for it today.
Re:Jet.com’s Valuation Nears $600M Before Launch by aaardvark on Thursday February 12, 2015 @10:51AM (#9039290)
But buying one share of a publically traded company makes it worth number of shares * value of share?
Re:Jet.com’s Valuation Nears $600M Before Launch by x0x0 on Wednesday February 11, 2015 @11:05PM (#9037312)
getting, no doubt, investor shares -- ie their cash is out first