@GossiTheDog "#valuations" are just batshit crazy made-up amounts.
Like as if someone pays $1.000 to get 1‰ stake in it, the company is valued $1.000.000 by going reverse, when in fact that could merely mean it's a security on a credit / gamble and not much else.
I mean, a house doesn't get valued €100k just because someone was able to get a credit for that amount by puttibg it up as collateral in return.
The #valuation-based #hype doesn't do much except "line goes up" as a company before/after/between deals doesn't gain more assets or clients or orders nor produces more value, products, revenue or even IP.
- In teal life, somethibg is only as valuable as the money (cash) one is willing to put down for it: A luxurious condo or collectible car is only as valuable as the highest bid it can attain in short notice! Same with any business!
A kiosk doesn't get valued much beyond it's assets as it's only "added value" beyond it's merchandise and interior usually gets offset almost completely by it's long-term commitments as in contractual obligations!