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RE: Is Hive Worth $1 Billion Dollars?

in LeoFinancelast year

Just commenting on your original Twitter thread about valuation and comparing to Portillo's. I don't think that's a fair comparison to make as far as type of company goes simply because they are nothing alike. I think a better comparison would be a social media company, which you could scale down to hive based on the number of users. Since most lie about their active user counts, I think total account number would be better. I did an analysis like this way back when we were all still on Steemit. Suffice it to say that when I compared to social media companies, I found that Hive (Steem if it had been able to keep the user base) was worth many multiples of the $1.5B number.