Earlier quoted context omitted.
> I can't get the hate either, though. I believe the fact that someone just wrote them a $50MM check is a fine reason to make a critical assessment of their actual value.
Why? Most $50mm investments end up worth nothing. The fact a company has investment does not mean they have actual value.
For example, the day they close the round of funding they will presumably have $50MM in their checking account, so it would be a quite remarkable situation indeed if their actual value on that day was below that number.