Saturday, December 18, 2021 2:50:25 PM
ACTIVE USERS:
Instagram- 15 mil users (in 2012)
Bebuzee- 40 mil users (currently)
EMPLOYEE HEADCOUNT:
Instagram- 13 employees (in 2012)
Bebuzee- 11- 24 employees (currently)
VALUATION
Instagram- $1 Billion (paid by FB in 2012)
Bebuzee- $80 mil (currently)
So, what is fair valuation for ENGA Bebuzee? It surely is not $80 mil when ENGA has greater active users and employees (versus Instagram in 2012 ). I would expect our valuation to exceed Instagrams 2012 $1 Bil valuation in the near term.
Based on 24 mil OS, we should be north of $41.50++ in the near term. JMO
https://www.zdnet.com/article/instagram-passes-50-million-users/
https://www.globenewswire.com/news-release/2021/12/15/2352823/0/en/BEBUZEE-UK-LTD-ANNOUNCES-ACQUISITION-OF-ENGAGE-MOBILITY-INC-PROVIDES-ADDITIONAL-STOCKHOLDER-UPDATES.html
https://www.linkedin.com/company/bebuzee
https://www.slintel.com/company/bebuzee/5c3b01fdd55ae49f1b78ab54
My posts are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor.
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