I'm as dismissive of ridiculous startup valuations as anyone, but this seemed like a weird way to evaluate whether their value was justified.
For reference, here are a couple of other similar statistics:
* There are about 250M Apple devices in use (100M/yr * 2.5 yr lifespan). At 750B market cap, they're worth $3000 per i____ out there, or enough to buy every one of their users an iPhone and still have $500B left over.
* There are about 200,000 active Uber drivers, and they're valued at $50B. That's $300,000 per driver, or enough to buy every one of their drivers a Tesla and still have $40B left over.