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Even projects on paper got astronomical valuations.
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.
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He's not blowing smoke: Given Pixar's astronomical valuation and the value of the Star Wars series, that number may be low.
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.
Compared to the astronomical market valuations of a tech unicorn, the returns offered by manufacturers of meat cleavers and potato peelers may seem paltry, but they're dependable and long-term.
Plus, since genomic businesses have no or minuscule profits and astronomical stock valuations, now is not the time to buy.
And judging by the timing of its first tweet, it looks like Mike's astronomical Facebook valuation post inspired the account.
The chance to cash in by getting stock that might get an astronomical Internet valuation was a big reason Innsandouts CEO Eric Goldreyer said he accepted WorldRes' offer in the face of competing buyout bids.
Until last fall, companies that heeded the word were rewarded with astronomical stock market valuations.
Taylor also owns the NBA's Minnesota Timberwolves, which jumped in value after fellow billionaire Steve Ballmer bought the Los Angeles Clippers for an astronomical $2 billion, pushing up valuations of all NBA teams.
Acquisition valuations can be astronomical.
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