We celebrate universities as great societal equalizers. They seek to weave together a smart, hard working and diverse cross-section of the young population. They send thousands of graduates each year on a path to elite opportunities in tech, finance, academia, etc. It’s often called a young person’s American Dream.
10x, 100x, and 10,000x: Multiples in Web2 and Web3
Price-to-sales is a financial metric describing how much value the market places on each dollar of a company’s revenue. Analysts often use a low P/S ratio relative to peers to identify undervalued equities. NYU research tabulated average public company P/S ratios by industry in Web2: