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The astronomical valuation for Facebook is evidence that Microsoft executives believed they could not afford to lose out on the deal.
He's not blowing smoke: Given Pixar's astronomical valuation and the value of the Star Wars series, that number may be low.
Not a day goes by without another Groupon announcement or story about its success -- Forbes called it the "fastest growing company ever" -- but can it justify such an astronomical valuation?
A publicly traded Aramco would be worth what the market says it is worth, but in the search for an astronomical valuation it cannot hurt that someone else has already breached the mythical barrier of $1 trillion.
This tiny percentage could be a sign that Groupon are planning profitability in the near future, but I think releasing a relatively small amount of stock to the market will keep demand high enough to ensure that astronomical valuation stays up there.
Uber's astronomical valuation isn't based on the value of the labor and material input by its legion of drivers, but on the excessive share of that input that gets upstreamed to Uber.
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Private money is playing a much bigger role in the technology industry than it did in recent years, as firms such as Uber reach astronomical valuations without entering the stock market.
Even projects on paper got astronomical valuations.
Overall, I see tremendous positive movement towards Agile management, in part because of the huge financial success of the Silicon Valley companies, creating value for customers that is recognized by Wall Street in these astronomical valuations, while firms that are still operating in the old way tend to be struggling and encountering severe disruption.
With Groupon and Zynga (and also Facebook, albeit to a lesser degree) suffering on the public market, I'm hearing more and more talk of a private market chill — less easy money and more suspicion thrown towards astronomical valuations and social plays.
At the same time as these companies are reaching astronomical valuations (and more are being added all the time), older companies are fast going out of business.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com