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The Value of X

Value Scope

The Value of X X, formerly Twitter, is now valued at $19 billion, according to the company’s employee equity compensation plan. The company once controlled about 20% of the smartphone market in 2010 with a market capitalization of $40 billion. Several factors may have contributed to the valuation drop.

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Tesla's Trillion Dollar Moment: A Valuation Revisit!

Musings on Markets

If you are interested, you can see my valuations from 2014 , 2016 and 2017. In sum, the company's market cap has risen from $2.8 In sum, the company's market cap has risen from $2.8 for mature markets. Not surprisingly, that story has changed over time, as the company, the business and the world have all changed.

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Tesla in November 2023 : Story twists and turns, with value consequences!

Musings on Markets

To deliver this growth, I did assume that Tesla would have to invest large amounts of capital in capacity, and that this would create a significant drag on value, resulting in a equity value of just under $10 billion. of the company's revenues in 2022 to 6.2% in the twelve months ending September 2023.

Start-ups 116
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Dealing with Aging: Updating the Intel, Walgreens and Starbucks Stories!

Musings on Markets

While management decisions have clearly contributed to the problems, it is also true that the pharmacy business, which forms Walgreen's core, has deteriorated over the last two years, and that can be seen by comparing its market performance to CVS, its highest profile competitor.

Start-ups 112
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Wachtell Lipton Revisits the “New Paradigm” for Corporate Governance

Reynolds Holding

Taking all these developments and more into account, we continue to be of the view that The New Paradigm provides a pragmatic and balanced approach to preserving open market capitalism, while also creating economic prosperity that will benefit all, not just a few.

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The Indian Smartphone Revolution: Paytm's Coming of Age IPO!

Musings on Markets

The second is that cell service costs have also dropped , and in India, the drop in costs has been precipitous, after Reliance Jio entered the game in 2016, and quickly acquired 100 million subscribers by offering free voice and data calls over its 4G network. As mobile access improved, Paytm has relentlessly added to its suite of products.

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AI's Winners, Losers and Wannabes: An NVIDIA Valuation, with the AI Boost!

Musings on Markets

As the semiconductor business has acquired heft, in terms of revenues and profitability, investors have priced those operating results into the market capitalization assigned to these companies. After a long stretch at the top, Intel has dropped back down the list and ranked third, in terms of revenues, in 2022.