FREN

#FF00AA


8 dec. 2017

@cwbuecheler

Most sane company valuations are 10x-20x revenue, with 20x being a high-end for desirable acquihires by Google/etc. Under that math, Patreon should be worth $80-$160 million. Yet they raised at $450m. 56x revenue! This means they’re under intense pressure to increase $$$. 2/10

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