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There are products for the B2C segment, which are MAPPLS and Kogo App, which create business opportunities for the travel commerce segment of the company. The company intends to leverage the B2C segment by investing in Gadget Space for better outreach and further improvement in Map My India. The order book stood at Rs.
Valuations tended to crash and burn very, very cheap valuations tended to do well. Right, right. Did the research found very compelling evidence that what its PE is really matters to your returns going forward. Very, very high. But of course, you know, Barry, I was 16, 17 much more interested in girls. That’s right.
I went in there and the valuation was below a billion dollars. And at two years the valuation was $13 billion. And I think eventually they’ll be a B2C company. He’s great. And we went out and sold the ads, and I knew that Pinterest would be big. And I left after two years. And so that was a fun run. One to 13.
These 10% are what’s driving the entire valuation. The other thing that’s different is, is that today the companies with the most spectacular valuation levels are private. We’ll buy the rest of it at a, a full valuation, which we did. ’cause it had been very much a kind of B2C phenomenon, right?
But I think the reality is right now, we just have an overhang from, I certainly in my world, I can speak to healthcare and FinTech, a number of companies going public and then disappointing or valuation just being excessive compared to the maturity of the businesses. Because if you’re talking about large B2B payments, right?
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