Yifeishan
2021-04-13

$Altimeter Growth Corp.(AGC)$at $1.6bn 2020 revenue and $40bn valuation, Grab is trading at 25x P/S. Uber is trading at 10x. Greedy PIPE investors!!

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Comments

  • KinKat
    2021-04-14
    KinKat
    They must hv justified it based on projected growth & are willing to enter a longer lockup period
    • KinKatReplyYifeishan
      Can buy Uber instead as they have shares in Grab
    • Yifeishan
      yea one is projected/estimated/forecasted, the other is current and also growing. I think I'll take the latter
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