alt Hacker NewsAnd even if right about the direction, and it comes to fruition with amazing changes/capabilities, investors can still be wrong about the price.
Roughly speaking Paying $2T for even $65Bn _profit_ is a bad deal, historically speaking. (~30x P/E)
And even if right about the direction, and it comes to fruition with amazing changes/capabilities, investors can still be wrong about the price.
Roughly speaking Paying $2T for even $65Bn _profit_ is a bad deal, historically speaking. (~30x P/E)
s/investors/speculators/g
But also, ~20*$65B is ~1.3 billion and a healthy PE ratio just like Cisco. but that's not good for your narrative, is it?
Oh no! all those early founders who thought they'd be worth $3.8B will only be worth $2.6B! Whatever shall they do?