Most ridiculous valuation in the history of markets. Cant wait to watch these compsnies crash snd burn when people give up on the slot machine.
replyAs usual don't take financial advice from HN folks!
replyWeWork almost IPO’s at $50bn. It was also a nice crash and burn.
replyWhy? They had $10+ billion arr run rate in 2025 trippeled from 2024
I mean 30x is a lot but also not insane at that growth rate right?
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