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mike wilson's avatar

50x at 10% growth? I think we have different definitions of excessive.

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Max's avatar

Model it out in reverse, how long would the company have to grow at that rate to justify the valuation?

Only by comparing the imbedded assumptions with reality you can judge if it is excessive. 10% & 50x is incomplete information.

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mike wilson's avatar

Modeling in reverse is the correct way to judge. That's exactly what Andrew did above and proved my point.

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