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oh look at that, 5% of the float is dictating the entire valuation. Might be a new low for Silicon Valley, by low I mean percent of cash raised to made-up-on-th
by ringaroundthetx 9y ago
oh look at that, 5% of the float is dictating the entire valuation. Might be a new low for Silicon Valley, by low I mean percent of cash raised to made-up-on-the-spot valuation.
If they want to go public and keep that valuation with that constricted of a supply, S&P/Nasdaqs/NYSE won't list you, but Hong Kong will love you, alongside the other 1% float unicorns.
- chopete 9y ago>> S&P/Nasdaqs/NYSE won't list you Whats the cut off?. Is there a link you can suggest to read more about % of cash raised/valuation?
- ringaroundthetx 9y agoThey all have minimum listing criteria that you can find, a private industry solution to curb what they considered abuses.