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What's the purpose of this $1B investment at a $70B fictional valuation given that everyone knows the actual valuation is $48B? Does it make the tax accounting
by NelsonMinar 9y ago
What's the purpose of this $1B investment at a $70B fictional valuation given that everyone knows the actual valuation is $48B? Does it make the tax accounting better for someone somehow?
I'm with discordianfish in saying only 30% down sounds better than it could have been for Uber.
- ec109685 9y agoThe 1B at 70B valuation is preferred stock.
- smallnamespace 9y agoThe question is why you would quote that number if preferred stock isn't 100% of the capital structure.