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Either of these possibilities may justify a valuation higher than Mr. Blodget's.
For eBay, selling Skype — particularly at a valuation higher than many analysts had thought possible — offers partial redemption for a deal that many Internet analysts said was an awkward fit.
Despite having a valuation higher than Groupon's, CYNK is an unknown.
This week, for instance, the viral news-and-cats site Buzzfeed got a $50m investment from one of Silicon Valley's leading venture capital funds, and now has a valuation higher than old media giants like the Washington Post.
Wish, a San Francisco-based company whose e-commerce mobile app that's taken off in the U.S. and Europe by making it easy to buy everything from slippers to jackets to cosmetic brushes for rock-bottom prices, is raising $500 million in new funding at a valuation higher than its previous valuation of $3.5 billion but lower than $5 billion, reports Recode.
The investment comes on top of a significant secondary investment of at least $225 million made by Brightfolk, a Swedish firm controlled by a fashion magnate called Anders Holch Povlsen, at what we understand is a valuation higher than its previous $2.25 billion, which was reached in its last $80 million funding in 2015.
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Disney nevertheless still regularly trades at a stock market valuation higher than those of its competitors.
Such a valuation is high, even for a young technology company.
Mr Haverty says that a valuation as high as $4 billion-5 billion is not implausible.
This anomaly occurred because euphoric stock investors assigned America Online a valuation as high as $200 billion before the merger, while Time Warner stock languished in the vicinity of $100 billion.
This would give Groupon a valuation as high as $11.4 billion.
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