Most simple approach to buying avici on valuation alone. Avici is doing about $3M in 30 day spend, or roughly $36M annualized, while trading near a $34-35M market cap around the $2.65-70 level. Current level is close to 1x throughput. Even with flat growth, live payments networks with recurring customers typically trade at 2 to 4x spend. The fact we have data to quantify this and develop a thesis says a lot considering most projects launching don’t even have a working product. You are getting a discount at these prices before growth engines kick in and it rerates higher. Ignore the environment and the market and look at the data.(CryptoISO)