Tasia
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Waymo's expected $100 billion is a sky-high valuation given its current revenue but its recent pace of growth suggests the valuation is justified.
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The Long Game Behind Waymo’s Potential $100 Billion Valuation
Can Waymo justify a $100 billion valuation? That’s a question investors will answer as Alphabet’s autonomous ride-hailing company discusses raising funding at a valuation that amounts to 280 times its annualized revenue—many times higher than other ride-hailing companies. Waymo’s rapid expansion ...