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Deal of the Week: How on Earth Is Vice Worth $5.7 Billion?

Vice's valuation requires a leap of faith

TPG's latest $450 million investment values Vice Media at a whopping $5.7 billion. That's about double the size of the New York Times. One explanation: Vice's access to millennials, according to Bloomberg media reporter Gerry Smith and Bloomberg Intelligence analyst Paul Sweeney. Still, it's hard to make the numbers add up without taking a giant leap of faith. Gerry and Paul discuss with host Alex Sherman.


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