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Isn't that the "risk" part of private investment like this? In theory if/when Uber goes public, the market can hammer his share price into submission. His choi
by shostack 10y ago
Isn't that the "risk" part of private investment like this?
In theory if/when Uber goes public, the market can hammer his share price into submission. His choice then would be to step down and keep his money, or watch his valuation rapidly dwindle as low as the market dictates.