4 ms·
If there are more intangibles than tangibles, there is more unknown than known, and it should be priced accordingly (e.g., lower).
by JMTQp8lwXL 7y ago
If there are more intangibles than tangibles, there is more unknown than known, and it should be priced accordingly (e.g., lower).
- finkin1 7y agoYou're probably right, which appears to be what's happening. In the end I think the market will decide what's low enough. I'm very curious to see what happens to the stock if/when it starts trading.
- JMTQp8lwXL 7y agoGiven all the negative public sentiment, my guess is the will work extra hard to get price discovery just right so it won't much at all on IPO day. As we're seeing, that likely means a significant decrease from We's most recent valuation.