you know how Nigerian scammers write bad English on purpose so they don't draw smart people by mistake and waste time dealing with them?
unicorn valuation is the same mechanism.
do it so obviously wrong that you only draw dumb people who think they are the only ones smart enough to see the valuation is off so they buy thinking they can profit from their clever and unique insight. and the scam is complete.
unicorn valuation is the same mechanism.
do it so obviously wrong that you only draw dumb people who think they are the only ones smart enough to see the valuation is off so they buy thinking they can profit from their clever and unique insight. and the scam is complete.