5 ms·

Valuation != invested

• josephmx 10y ago
  Good point, I missed that
• astrodust 10y ago
  It does mean someone bought in at a $800M valuation and now it's valued at $12M. The rate of return is apocalyptically bad. Hell, setting fire to a giant pile of money would probably leave $12M in bills mostly untouched, or at least in a condition you could take to the bank.