So you saying high growth prospect, fast growing global startup...

So you saying high growth prospect, fast growing global startup will be valued on their near future earnings credentials now?

P/S ratio based valuation has no weight anymore??

Pre-LiFX valuation of BUD was at P/S of 40-50 range and it sort of maintained that throughout. So why would  market  suddenly change that based on earnings especially when everyone knows they are 9-12 months away to break even, let alone healthy earnings?