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TheGeminon | 2 years ago

Where are you getting that the company is worth $50m? The article says it’s a “$100 million-a-year” business

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bigtunacan|2 years ago

To oversimplify a company with $100MM revenues annually and costs of $120MM annually is still losing money and has a real current value of $0.

AceJohnny2|2 years ago

That’s revenue, which is different from company value.

mydriasis|2 years ago

Oh boy, if his 100MM/year in revenue business is only worth 50 million, most startups are _really_ in trouble.

_heimdall|2 years ago

I guess this explains Nvidia's valuation.

Revenue and company value are completely disconnected.