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Yahoo finance says the market cap is only $340M, but all the articles leading up to today said their valuation was going to be $2.5-3B. Did they really only IP
by yggydrasily 11y ago
Yahoo finance says the market cap is only $340M, but all the articles leading up to today said their valuation was going to be $2.5-3B.
Did they really only IPO less than 20% of the total company and keep the rest private?
- joshu 11y agoThat isn't how it works. They create some new shares and sell them. The rest of the shares are held by the current owners.