What I meant was that given the current valuation is high, it's right to go ahead with an IPO.

But you lead me into thinking: In order to justify $60B valuation, I'd have expected them to blow up much more than $100M.

That's VC valuation though right? I maybe wrong, but are you sure market will value this same company at $60B when it is not even profitable? I genuinely have no knowledge about this, so feel free to correct me if i'm wrong.