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0 pointsjmalicki2mo ago0 comments

I mean they doubled revenue from $1B/yr to $2B in a month.

At some point it can be valued as a high growth business, the code that backs it is almost irrelevant if the business is strong.

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2 comments · 2 top-level

IIRC, it was $2B annualized. Which means nothing. Also, their expenses will be way north of that.

trusting a startup to accurately report its revenue in this market is about the dumbest thing you can do

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