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All companies start small and 99% of them either stays small or goes into administration at some point.

However, once a company gets to a unicorn status with the backing of dozens of multiple funds and reputable investors including multi billionaires then the chance of continued growth and success is much higher. Animoca’s valuation is actually super conservative compared to a lot of unicorns out there. This is a company with actual high revenue growth and earnings. Future cash flow projections mighty strong. Cash flow
is king in any business and when cash flow is achieved then valuations become realistic and unlikely to deflate given the cash flow projections continues its momentum. Sitting on a gold mine!