3 ms·
That's not really the point of the article. It's saying that multiplying share price from the last round by all outstanding shares overvalues the company. The e
by hodgesrm 8y ago
That's not really the point of the article. It's saying that multiplying share price from the last round by all outstanding shares overvalues the company. The effect is increasingly relevant the further back in line you are for payout.
- jiveturkey 8y agoi don’t think that’s correct, in that you (and the article) is lacking nuance. the “valuation” is different for every investor. in fact for preferred shares the value may be accurate. but for common shares it is not. before a company goes public, there isn’t a single valuation. there’s a set of valuations.