Didn’t they raise a million? Where are multiple? Or did I miss something?
Yes, it is just the valuation of startups by the venture capital market. If a company raises $1 million from a VC and sells 20% of its shares, then the company is worth $5 million.
Who are you talking to @Moss ?
I'm talking to Karnage. Can't you see our full conversation thread? 😳 https://image.nostr.build/0f7d082886b8049390d7b2fd1074e9079a626aef46bb97383b1785f9d107ea08.jpg
Thanks, we block Karnage lol