Overstock is going for ~1.4 times sales (and that's 3x inflated versus May due to OSTK recently joining the bubble party).
If by some miracle Wish gets 15x, they'll be a spectacular short opportunity.
If by some miracle Wish gets 15x, they'll be a spectacular short opportunity.
But Wish is in a retailer vs Shopify as a platform. I Highly doubt wish has the same value. In fact, I don't know a single instance of someone shopping wish and being satisfied. Someone will buy it, it'll probably be way over valued, and it will eventually drop back.