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If they blow it, valuation gets hit".
As Barry Hyman, senior market analyst at Ehrenkrantz King Nussbaum, puts it: "Valuation has taken a back seat to momentum.
Schack and Hopkins, through their attorney, say that everything Pyne complains about, "be it valuation of assets, fees earned by [their management company] or otherwise, was approved by the full board of directors, fully disclosed to shareholders, and ratified by the shareholders after full disclosure at every annual general meeting".
There's a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes it valuation to the $1 billion mark.
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In fairness, the Department for Culture says it struck its valuation of the dome on the night it opened, and intends to "revisit" it (the valuation, not the dome itself).
But it does put its valuation into perspective.
So again, its valuations suggest it too has a long way to go.
Just last month, Xiaomi was also dubbed the world's most valuable "technology start-up" after it raised $1.1bn £708mm) in a funding round, giving it a valuation of $45bn.
It went on to raise $1.5 billion in venture capital, giving it a valuation of more than $17 billion.
Facebook's offer price last year gave it a valuation of eighty-one billion dolland, and Google was worth twenty-three billion dollars when it went public in 2004, according to Dealogic.
It makes valuation difficult: dealers often allocate different values to the same contract.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com