

The value of a private company is a number that can be pulled from their ass, right?
Before: there was an idiot that wanted to pay $54.20 for each of the 800 million publicly traded shares = 44 billion valuation even if the yearly earnings after all expenses (EBITDA) was only 680 million (data public, as required by sec) so the board sued that guy to force him to pay when backed down as that valuation was insanely high and the board would never get such a big golden parachute
Now: we don’t need to publish financial data anymore but CEO says that the company is super profitable, valuation is back to 44 billion, trust us 😉
It’s the usual rename and replace that Microsoft love to do.
“OneNote for Windows 10” is going to be replaced by “OneNote for Windows”
Why they always do the kill, rename and replace instead of just replace with an update? Each kill&replace operation leads to lost users…