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September 9, 2016
Right out of the gate, I want to clarify an important point. I would rather walk down a dark alley at midnight in the worst part of town with $100 bills hanging out of my pocket, than invest in the stock market. In other words, my money is safer in the dark alley than it is […]
$46 million loss on $83.6 million in revenue = $1 billion valuation?
September 13, 2016
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I have heard of the new math, but based on the company’s 2015 financial performance, I must admit that I cannot understand Coupa’s $1 billion valuation. Am I missing something? Of course it doesn’t look like I am entirely alone on this one. In his recent Business Insider article, Eugene Kim couldn’t seem to fully explain the […]