i think look at market cap more than price. but honestly not sure. i would say market cap in 100 mill range is what i considered something like this to be trading. if you actually read the prospectus, they only received maybe 7 mill in vc money before ipo. that would not value it at that crazy valuation it debuted at. the recent raise of 40 mill would put it in about this range if it was a private firm.
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