If this article doesn’t prove that a company is worth exactly what an investor feels it is worth on any particular day nothing will.
http://finance.fortune.cnn.com/2011/04/28/why-99designs-raised-3-million-from-accel-partners/
99designs is a “good” platform but not doing anything outstanding (and personally I think their cost of transaction price is a little high for quick and dirty projects), it’s an example that the value of an investment is often driven by as much by who the investor is as to what the actual investment itself is.
Cheers,
Dean
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