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slashdave 2 days ago

> can raise $13B at a 20x revenue valuation is not the bubble indicator you think it is.

What a minute. Isn't this the very definition of a bubble?

3uler 2 days ago | parent | next [-]

20x earnings is not that insane for a fast growing startup. Now Tesla and Palantir at 100x earnings is insane.

rsynnott 2 days ago | parent | next [-]

20x _earnings_ wouldn’t be, but that’s not what we’re talking.

bigyabai 2 days ago | parent | prev | next [-]

Tesla and Palantir are both propped up by the federal government, kinda poor examples.

3uler 2 days ago | parent [-]

Yeah maybe, but the point is there are plenty of public companies trading at a 20x earnings multiple

fuckaj 2 days ago | parent | prev [-]

[dead]

xpe 2 days ago | parent | prev [-]

Do you think some arbitrary multiple defines a bubble?