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it doesn’t help that they use square as an example which had its last raise at 6 (they said that was overvalued) and now is worth 30 on open market
by oculusthrift 8y ago
it doesn’t help that they use square as an example which had its last raise at 6 (they said that was overvalued) and now is worth 30 on open market
- jiveturkey 8y agocurrent valuation is irrelevant and doesn’t hurt the article at all. once a company is public you don’t have to become a private investor and worry about valuation. you can just buy shares on the open market. the only thing that matters is the price at exit. and their point is made quite well with square.