Gurley notes Lemonade, Unity, and Palantir are down 60% but still trade at 20 times sales.
“I was looking at some of the stocks that are outliers on price to sales and lemonade, unity and Palantir, which have come in 60% are still at 20 times over sales.”
Gurley notes Lemonade, Unity, and Palantir are still trading at 20 times sales despite falling 60%.
“And yesterday in preparing for this, I was looking at some of the stocks that are outliers on price to sales and lemonade, unity and Palantir, which have come in 60% are still at 20 times over sales.”