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> They're exploring a sale valued at $10B, but it's doubtful who would have the appetite to buy it at this valuation. One of the sentences in the article that
by microtherion 7y ago
> They're exploring a sale valued at $10B, but it's doubtful who would have the appetite to buy it at this valuation.
One of the sentences in the article that leapt out at me from the article was
"Magic Leap is one of the most well-capitalized consumer hardware startups ever, having raised more than $2.6 billion from investors":
* "most well-capitalized" sounds very awkward.
* How much they raised is hardly indicative of how well-capitalized they are at the moment (in the sense of runway), without knowing how much of it they spent already.
* The article makes it sound like huge investments are all upside. But they carry a significant downside as well, because all those investors wanting to see a return will significantly increase the price tag if the company wants to sell itself.
- umanwizard 7y agoNeither “most well-capitalized” nor “best-capitalized” sounds particularly awkward to me. I’d probably use them interchangeably. (American English native speaker)