The recent significant drop in Reddit’s valuation implies a fundamental flaw in their valuation strategy, particularly when it comes to assessing the value of a tech company. Tech companies often appear to be overvalued and face difficulties in sustaining their valuation growth once they’ve reached their peak.
The recent significant drop in Reddit’s valuation implies a fundamental flaw in their valuation strategy, particularly when it comes to assessing the value of a tech company. Tech companies often appear to be overvalued and face difficulties in sustaining their valuation growth once they’ve reached their peak.
The biggest modifier in a tech company’s valuation is the market, and despite the smoke and mirrors, the market is easily down 40%.
Anyone who has gone outside in the last 2 years knows this, but politicians so disconnected from reality still sing the song and dance.