That's the value of the stock, which is distinct from the quality of the product. You can make a lot of money selling bad products for a high price. (At least if they are bad for users but good for businesses)
... then they're wildly successful. It seems the key takeaway here is "You can write just-good-enough software, sell it well to people for whom it solves real problems they have, and succeed."
Probably something all of us in the venture, startup, service-sector-tech space could stand to learn.