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and this co. is going public next year? might want to rethink that
by mbloom1915 10y ago
and this co. is going public next year? might want to rethink that
- 0xmohit 10y agoIsn't it good to go public until valuations are high?
- mbloom1915 10y agoA $60B valuation pre-IPO isn't high?
- 0xmohit 10y agoWhat I meant was that given the current valuation is high, it's right to go ahead with an IPO. But you lead me into thinking: In order to justify $60B valuation, I'd have expected them to blow up much more than $100M.
- parthdesai 10y agoThat's VC valuation though right? I maybe wrong, but are you sure market will value this same company at $60B when it is not even profitable? I genuinely have no knowledge about this, so feel free to correct me if i'm wrong.