re: I appreciate this tweet reply by Sherm

quote:

---

The "valuation" is largely a guess. It's stupid.

---

That's my point. It's an educated guess based on a multitude of factors. It's not exactly what they are making. It's like when Forbes posts an article about the most valuable sports franchises. If a company is valued at a billion dollars, it doesn't mean that they are bringing in a billion dollars. Now if On3 labeled it "NIL earnings" instead of "NIL valuation" that would be a different story.