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970 Posts.
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16/11/17
16:10
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we now have a s**tload of short termers who got in around 2c or above, and are stacking up the sell side to make a short term profit.
this will slow things down inevitably, but I am excited about the valuation based on what we heard today.
typical valuation multiple for subscription based companies is around 4x, so we are talking $48M just on minimum SOL subscribers alone.
today we are sitting at around $40M so probably conservatively fairly valued, but throw in Indo and we should be double that.
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