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$SE BofA values at $61,5.
I still believe that if you know a little math you cant believe it is right to value one game cheaper than a PF of say 10 games. >>> https://twitter.com/jamesbo51656740/status/1250621658768879616">https://twitter.com/jamesbo51...
I still believe that if you know a little math you cant believe it is right to value one game cheaper than a PF of say 10 games. >>> https://twitter.com/jamesbo51656740/status/1250621658768879616">https://twitter.com/jamesbo51...
Compare with other bets:
Odds when playing on a sports match change when only one game compared to run it 10 times?
Poker: AA vs 67... odds change when you run it 10 times?
It is the variation that changes not the value
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Odds when playing on a sports match change when only one game compared to run it 10 times?
Poker: AA vs 67... odds change when you run it 10 times?
It is the variation that changes not the value
What about Pinterest, they also only got one game. That does not change their valuation, that makes investors diversify
BTW: Flipcart, Tokopedia and Lazada vás valued at EV/GMV > 1 in private deals.
To this I will add that the EV/GMV multiple used should increase with increasing marketshare, since network effects kicks in the most for the marketleader.
To this I will add that the EV/GMV multiple used should increase with increasing marketshare, since network effects kicks in the most for the marketleader.
So when applying the above and a 50+% GMV growth for Shopee this year I think we ought to $100 price this year
