Gain Attention, page-151

All you’ve really pointed out there is that it pays to start a company which gathers a heap of implied value in a short space of time via revenue growth. This is essentially the same for any founder that ends up listing a business.

I’m looking at a business that is clearly worth way more than the current market cap. The only reason it’s trading this low is the cap raise price. If there wasn’t $35 million of institutional cash waiting to get de leveraged on a share price bump I think this would up at 90 cent minimum.

laybuy will have $50m cash on hand with a market cap of less that $100 million. The implied revenue multiple is now so low it doesn’t make sense. $50m ARR with a near certain potential to grow 60-90% in the next 12 months.

surely we’re at the bottom.