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Finding signal on Twitter is more difficult than it used to be. We curate the best tweets on topics like AI, startups, and product development every weekday so you can focus on what matters.
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Press Space to continue
Companies don't inherently trade at 1x revenue. But that's what the NYT's 'first solo founder $1B company' story on Medvi assumes. @johncoogan lists Medvi's operational realities that would lead many to conclude that it's not actually a $1B company: "I always thought that the billion-dollar company would be based on market cap, not on revenue. Because if you were [just looking at revenue], you [could] set up some sort of payment network where you could report GMV [Gross Merchandise Value]…