$IPOB This freight train is leaving the station now and it's never, ever coming back. Post-money valuation 4.8B, 3-yr RRV estimate 50B * conservative Uber-lite multiple at 3x = estimated 2023 market cap 150B = share price 480+
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3-year RRV numbers are straight from their investor deck filed today. A 3x run rate multiple is pretty reasonable across comparable tech stacks, but hey, you guys do you.