FinTech Haphazard Valuations
The immense decline in the valuation of FinTech companies, pegged at around 50%, reflects the overly optimistic assessment of the firms' future profitability, especially in the outlook for future revenues. This is a chronic problem in the valuation of newer high-tech companies where little or no performance data exists. The same problem occurred during the dot-com period in the late 1990s.
10/10/2022 06:46:42 pm
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