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That suggests a valuation above book value.
That suggests a valuation of at least 7 times JPMorgan's 2011 estimate for earnings before interest, tax, depreciation and amortization, or Ebitda.
Our sum of the parts model where we value the loan book on the return on equity basis and asset management on a PE basis suggests a valuation north of 400p.
This suggests a valuation of United's mileage scheme of $5 billion-10 billion.That would come in handy, but in the long run, airlines that flogged off their loyalty programmes would risk killing the goose that lays the golden (or perhaps platinum?) eggs.
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However, Doshi would sell the firm ten per cent of his company for eighty million, suggesting a valuation of eight hundred million dollars.
Facebook is currently valued at about $52.3 billion on SharesPost, though recent trades in its shares suggest a valuation of nearly $84 billion.
However, noting those issues, the $65 million valuation on Grouper suggests a YouTube valuation of around $2 billion.
The sale, which will probably take the form of a public offering of shares, could raise 8 billion to 11 billion euros ($10.5 billion to $14.4 billion), for the French treasury and suggests a market valuation for the whole company of around 40 billion euros.
Grouper's recent sale to Sony for $65 million suggests a YouTube valuation of around $2 billion when you look at relative traffic.
Market cycles and company valuations will fluctuate, but we have over a decade of trading data on more than 50 companies that suggests a steady-state valuation of 4x to 6x revenue for the median public SaaS company.
While acknowledging that Grouper was bought more for its P2P and video editing technology than its user numbers – the dollars per user worked out to suggest a YouTube valuation of around $2 billion.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com