2023 BrainChip Discussion, page-132

How do you value something that's a completely new market segment.

also let's forget about about any existing market segment metrics as it's a completely new and nascent market.

there are no correlates in relation to growth or revenue as it's a whole new game.

There is no direct comparison here with FB intended. Only that you cannot compare fundamental metrics like revenue or the like in a pure spec play like BRN.

all you can do is try to estimate based on addressable market correlated over time via a percentage of segment market share. That could be very small or very large / and then movement in that nascent market much like now as per collaboration and deals. If the $$$ is not there yet. It simply ain't. Vote with your feet. Easy.

https://techcrunch.com/2017/08/22/a-look-back-in-ipo-facebooks-trailing-profit-and-mobile-intrigue/