> Valuation is usually based on potential revenue, not actual revenue
How similar this is to how capitalists look at natural “resources”. “This website[wetland] sure is great. Lots of people[animals] are loving it. And it’s a vital part of the development[water] cycle… But it’s just not making me any money!”
> Valuation is usually based on potential revenue, not actual revenue
How similar this is to how capitalists look at natural “resources”. “This website[wetland] sure is great. Lots of people[animals] are loving it. And it’s a vital part of the development[water] cycle… But it’s just not making me any money!”