Good issue Stefan.

Leon of Avoid Boring People here - feel free to reach out on the financial model if you have questions (https://avoidboringpeople.substack.com/p/theres-more-to-communities-than-facebook)

Haha yeah I'd benchmarked most of the assumptions (sources in the model tab as well) so most should be reasonable. The one I feel most uncertain about is the valuation step as noted; it's probably a lot lower