Tag Archives: valuation

In a recent blog post, Fred Destin of Atlas Ventures (again) added sanity into the discussions about why zero-revenue companies can receive valuations of many billions of dollars. I agree with everything he said. There’s one more point I’d add: Large scale audiences have a valuation-per-engaged-user. Facebook, Twitter, and LinkedIn all started out as zero-revenue companies. ButContinue reading “Why zero-revenue companies can be worth billions”