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The Value of a Social Net Company Is 600 Million Dollars.
The social net working space is being valued at 600 million. There's two reasons why these companies get valued this way. Number one, markets like both v c private and public markets love growth. And so that means even if you pay a little bit more here, because it's doubling every year or tripling every year in usur bas quadrupling every year,. It's a pretty great bet. Maybe yo, pain o mebhow it works? I think they geve valued so idiculously, assume because they have growth virality. Yo, no reality, right? Just wai yon virality. It is unstoppable.