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$1B valuation with $400-800MM revenue? Can a business minded person let me know if that seems low to them too?

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From what I've gathered, valuation for these e-companies is about as grounded in reality as astrology.

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talks to raise new funding at a company valuation of more than $1 billion, according to people with knowledge of the matter.

Might be a lot more than 1 billion. Anyway, sin industry is always at a bit of a discount I feel, always looming regulatory/legal risk etc.

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It’s porn and highly trendy in a shitty business position. Literally all they do is host wank videos for 20% rates. Nobody wants it. Seems about right.

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