Is the Value of a U M in a Venture Valuable?

Prologue raised a 23 million dollar initial round and holds an established asset in product hunt. Prologues team confirmed their valuation to be in the hundreds of millions. Republic has not released valuation data, but given that the company recently taxed a hundred and 50 million in a series b, it seems safe to assume it is valued at a minimum of 500 million dollars. Angelist india might expect the business to be valued at action of angeliss venture, perhaps around 50 million. It's difficult to gauge how this a u m should be valued, given the circuitous and complex ways republic might extract value from this sum.