According to ChainCatcher, a heated debate has emerged on social media platform X regarding the valuation comparison between Ethereum and Amazon. Santiago, founder of Inversion Capital, argues that Ethereum's valuation is excessively high. He points out that Ethereum's price-to-sales ratio, with a valuation of $380 billion and annual revenue of $1 billion, is significantly higher than Amazon's, even during the internet bubble era when Amazon's ratio never exceeded 28 times. Santiago notes that Ethereum holders pay approximately 146 times more per dollar of revenue compared to Amazon investors at that time
source: https://www.binance.com/en/square/post/33295374024585?utm_source=BinanceNewsRSS