Redis is everywhere and a lot of corporations aren’t going to change their short term roadmap to migrate to a fork.
That could be a huge money shot for Redis.
But it’s probably only a one-shot, not a viable business model. Sure the company is going to tank sooner than later, but if founders jumps from the ship at the right time, they may be rich for multiple generations.
What does it mean that redis is valued at 2 billion $? It means that the investors would pay this much.
But why? How long would it take for redis to bill 2 billion $ to customers? It will probably never happen.
So I think they are overvalued.