The best companies always look too expensive. Market leaders get higher prices(dondodge.typepad.com)
dondodge.typepad.com
The best companies always look too expensive. Market leaders get higher prices
http://dondodge.typepad.com/the_next_big_thing/2011/01/facebook-twitter-and-startup-valuations.html
You don't get reminded about the 50m valuations that got paid for companies that fizzle and die.
Hindsight is 20/20.