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moneycrew

04/01/20 10:53 PM

#63031 RE: justdafactss #63028

Right! It's a startup! I seriously feel bad for you. I bet their revenue in two weeks will make your jaw drop

Bored Lawyer

04/01/20 11:11 PM

#63038 RE: justdafactss #63028

At the risk of stating the obvious, there is a reason they call them pre-revenue biotechs...

Here's some light reading on valuation methodologies for pre-revenue biotechs and why pre-revenue biotechs can still be worth billions.

https://www.toptal.com/finance/valuation/biotech-valuation