You know, this might be a linguistic nit, and likely not a popular one to mention on HN, but...

I find it awfully odd to use the word "surpassing" to describe valuation, given that valuation is a number on paper. "Surpassing" is for something where there were expectations to exceed; or an arduous challenge overcome to the surprise of onlookers.

Valuation is an expectation; by definition it cannot be exceeded. While running a company is surely arduous, the most interesting challenge and the place to surpass expectations is not in the board room where the valuation is decided; and whether the math is massaged to offer a valuation a few decimal digits above or below a nice round $2B is more a foible of those in the room than any real indication of... anything.

Odd phrasing, to say "surpassing" here. It's numeric assignment.