All-In with Chamath, Jason, Sacks & Friedberg
DOJ targets Nvidia, Meme stock comeback, Trump fundraiser in SF, Apple/OpenAI, Texas stock market
David Friedberg
A business that is profitable and you can say that the profits are stable and predictable and is likely not gonna grow very much will typically trade for seven to 12 times EBITDA. And the stock is trading at 192 times EBITDA and the revenue is declining 12% a year.
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