@calaber24p - Silicon Valley is its own Univers when we are talking about Monsters like uber - it is clear where all this is going - its mega IPOs which keeps money flowing. When we talk about certain apps like snap chat etc its totally clear where the valuation comes from as because once they kick in advertising revenue is flowing on masse. And do not forget in most cases 1 out of 10 Investments of the big VCs is kind of performing okay. But yes at the lower end and seed stage there are some crazy valuations going on. But in a lot of cases money is used to protect to make others afraid to enter the market . Justification is potential growth. Any Company APP in mind you think is highly overvalued
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👍nice post @ dragonho...