4 ms·
I'm surprised it's valued that low. We constantly hear about all kinds of shitty sites getting millions in funding.
by rorrr 16y ago
I'm surprised it's valued that low. We constantly hear about all kinds of shitty sites getting millions in funding.
- theoneill 16y ago50m is not the valuation; it's the amount of stock they're selling.
- rorrr 16y agoHow is that different from the valuation?
- stonemetal 16y agoIf they have 100 shares of stock and are selling 2 at the IPO for 50M then the valuation is much higher than 50M. Just because it is the IPO doesn't mean 100% of the stock is for sell. If they are putting out 20% of their stock then their valuation is 250M.