In terms of valuing 1PG you need to understand how the US...

In terms of valuing 1PG you need to understand how the US investors currently value Tech startups.  I don't have an opinion on the merits of how it's done, but happy to support/cheer on those that want to bid up 1PG.  Clearly the difference for 1PG is revenue, and dare I say profit, will be almost immediate.  Now what value will they place on that....

A couple of links below to help understand the lay of the land


http://graphics.wsj.com/billion-dollar-club/

http://fundersandfounders.com/how-startup-valuation-works/

http://fortune.com/2015/01/22/tech-unicorn-founders-talk-valuations/

http://www.vox.com/2015/4/17/8442639/slack-no-bubble