I’m curious to get people’s thoughts on the impact coronavirus will have on the valuation of Monzo.
My broad view is this will have a very negative impact on the valuation & any future funding rounds will likely value Monzo at less (maybe much less) than the ~£2 billion it was valued at after the latest funding round.
Couple this with the impact of WeWorks collapse & the resulting expectation that investors are about to revalue pre-profit companies to be more in line with their multiple’s of revenue. Monzo’s revenue vs. valuation is approx. x133 which I think we can agree seems ludicrous now.