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Someone posted a terrific explanation for why companies are not “leaving money the table”. In short, if a fool pays $140 for 1 share of Airbnb, does that magica
by silverlake 6y ago
Someone posted a terrific explanation for why companies are not “leaving money the table”. In short, if a fool pays $140 for 1 share of Airbnb, does that magically make the entire company worth 2X more? If I sell 1 share of my startup for $10, is my company worth $1B?
- refurb 6y agoIgnore the rest of the company’s shares and just look at the ones sold in the IPO. AirBnB could have gotten twice as much money for them, so of course they left money on the table.