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It is early 2015 and you work for Twitter. Your job is to value Periscope, a new social media app that lets people live-stream their

It is early 2015 and you work for Twitter. Your job is to value Periscope, a new social media app that lets people live-stream their lives. Periscope has 20M users; you see that other new social media apps have been valued at a EV/User multiple of 6. What is the implied enterprise value of Periscope?

$26M

$120M

$6M

$20M

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