How long before @BirdRide is worth more than @Snap, making it the most valuable recent consumer co in LA?
1. The valuations are not comparable. 1 billion public market =/= 1 billion at 3x liquidation preference venture capital raises. 2. Bird could very easily basically be a fad requiring a pivot, like Groupon 3. Snap has less competition 4. Bird is capital intensive! ...
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What I'm trying to say, is that you guys are either investors in Bird or are on crack.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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