Customers Love Free Stuff … But That’s Not Your Problem
abovethecrowd.com
JUNE 2, 2021
Also, take a look at this critically important data point , also aggregated by Professor Jay Ritter. If they have worked in business for 20 years, you have an 700-1 experience differential right out of the gate. They can’t sell the stock at this multiple and therefore that valuation is not available to them.
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