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 [-]

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