At the earliest ages, valuation is a function of the market, the demand for that start up in that foundr. So how does a netflick subscriber to a disney plus subscriber compare? Ok, why does netflicks get such a huge premium for their subscribers verses the disny ones? Well, maybe won't last. Maybe that's an opportunity to invest in one public company versus another. In a private company, yo don't have a lot of metrics. Once there's your profits in your charging for the product, you're selling the potential. And the potential can be determined by the team, the founder themselves, the track rack, and then how many other people want