Weebit - 2023 and beyond, page-595

good post, and this is what i am trying to get it.

i still feel like with their adjusted forecasts that they are out, i dont think that these updated forecasts were able to include the fact that TSMC have supplied reram to the iphone 14, as that alone is going to exceed $3b in my view, but i am guessing here, and we are only in 2023

i am trying to understand who these people/institutions are who are happy to put a $1.1b value on us right now before we have even signed on with a tier 1, because when we do sign on a tier 1 you would think conservatively that we will move up another 30-40% from where we are now and that is getting to a substantial valuation even still prior to receiving income.