Billion Dollar Arse Grab

You don’t hit a billion dollar valuation with an idea, a few weeks of brainstorming and bumping into the right technical co-founder.

Football games (American ones at least) are not won on a single — the first and only — Hail Mary pass.

Each game is won by a few yards of gain in one direction or the other that culminates in a muscular man either grabbing your arse or punching you in your genitals.

Billion dollar start-up valuations are gained the same way, and anybody telling you different is either trying to grab your arse or punch you in the nuts.