Which begs the question, how is The Browser Company going to live up to the 550 million dollar valuation? I'm not fluent in VC-speak, but I think the math is something like this: you need $R in revenue annually to be valued at $V, where the difference between R and V is some multiple M, usually 10-50ish. Let's say 50, so R = $550/50 = $11 million/yr in revenue or a more conservative 20 multiple, R = $550/20 = $27.5 million/yr in revenue.
If they charge $10/month, then they need ~91k users, that gets them to $11 million in revenue from users directly. If they need to hit 27.5 million, then they need ~229k users paying $10 month.
Not the worst investment after you do the math, maybe it's theoretically a sustainable business.
But startups don't raise money at these numbers to become sustainable ten-million dollar-per-year businesses. Investors want that unicorn status most of the time. At that point, I don't know if the math makes sense because to be a unicorn you need like $50-100+ million in revenue per year. That's easily 3x or more users, you're approaching 500k-1 million monthly active users.
That's a lot of users for something Apple, Samsung, Mozilla and Google give away for free on all OSs already.
Edit: I just looked up their funding raising information. 137 million raised, and they're series A/B'ish right now. That's a lot of money, they definitely have big ambitions.