While reading this article, right above, the headlines was that a trendy sneaker startup have become a $1.
While reading this article, right above, the headlines was that a trendy sneaker startup have become a $1.4 billion company.
While it is good to a see a company thriving, the one question to ask is whether that valuation of $1.4billion is justifiable, when the revenue, cash flow, and profit for a startup is still in the early phases?
Are we still trying to inflate our way out, while further widening the gap between haves and have-nots?
We will look at financial numbers for this company soon.
For the complete article:
https://plus.google.com/111375717217714398633/posts/Jtv9MqES9Ep
While it is good to a see a company thriving, the one question to ask is whether that valuation of $1.4billion is justifiable, when the revenue, cash flow, and profit for a startup is still in the early phases?
Are we still trying to inflate our way out, while further widening the gap between haves and have-nots?
We will look at financial numbers for this company soon.
For the complete article:
https://plus.google.com/111375717217714398633/posts/Jtv9MqES9Ep
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