Octra co-founder responds to "overvaluation in public offerings" criticism: Complete technology and operational network support the latest valuation.

Kevin Simback, COO of Delphi Labs, questioned the rationale behind Octra's public offering at a $200 million valuation. He stated that over a year ago, they completed a $4 million seed round, and he estimated the valuation at that time to be at most $40 million. Now, with the valuation more than five times larger, and a TGE being held a few months later, there is "almost no real demand."