RE:Market Priced In Future Huge Growth MBA - a couple obersations: 1) proven growth companies with corresponding profits often command a better multiple than 7 even if said co is on the venture (which doesn't happen in this fashion all to often) and, 2) entities acquired by PHM are private; had they been public, said companies would (likely) get far higher than 2.5x which is a base reason why public gobbles private in a win-win scenario.