Comments on: BetFair is world’s third most valuable Internet startup. http://www.midasoracle.org/2009/10/29/betfair-silicon-alley-insider/ Prediction Markets, etc. Thu, 02 Feb 2012 23:13:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Chris F. Masse http://www.midasoracle.org/2009/10/29/betfair-silicon-alley-insider/#comment-27378 Chris F. Masse Thu, 29 Oct 2009 22:25:41 +0000 http://www.midasoracle.org/?p=18675#comment-27378 They got corrected on the BetFair CEO name and the obsolete BetFair motto. Plus: QUOTE The valuation that you have afforded to Betfair is not consistent with the valuations that the market currently affords to the company's traditional rivals; Ladbrokes and William Hill. Moreover, I would predict that Betfair is not immune from the recession that continues in most of its leading markets, and I would suggest that both your revenue forecasts and the multiple to revenue that you apply are overly optimistic. Yes, Betfair is a great company, but in order to get that point across why do you feel the need (again) to overplay things? UNQUOTE They got corrected on the BetFair CEO name and the obsolete BetFair motto.

Plus:

QUOTE
The valuation that you have afforded to Betfair is not consistent with the valuations that the market currently affords to the company’s traditional rivals; Ladbrokes and William Hill. Moreover, I would predict that Betfair is not immune from the recession that continues in most of its leading markets, and I would suggest that both your revenue forecasts and the multiple to revenue that you apply are overly optimistic.

Yes, Betfair is a great company, but in order to get that point across why do you feel the need (again) to overplay things?
UNQUOTE

]]> By: Niall O'Connor http://www.midasoracle.org/2009/10/29/betfair-silicon-alley-insider/#comment-27377 Niall O'Connor Thu, 29 Oct 2009 17:47:56 +0000 http://www.midasoracle.org/?p=18675#comment-27377 Once again the valuation that these bods have afforded to Betfair is too optimistic. I suspect that the figures are just plucked out of the air, with no regard to current valuations in the global gambling space. Once again the valuation that these bods have afforded to Betfair is too optimistic. I suspect that the figures are just plucked out of the air, with no regard to current valuations in the global gambling space.

]]>