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When they IPO, you'll see why they turned down $6B from Google. With all the frothiness happening now, it actually makes sense - because they are doing the fid
by marcamillion 15y ago
When they IPO, you'll see why they turned down $6B from Google.
With all the frothiness happening now, it actually makes sense - because they are doing the fiduciary responsible thing for their shareholders.
- dreamdu5t 15y agoNo.. when they turn a profit we'll see.
- marcamillion 15y agoNope...I was responding to the OP's statement about not understanding how they could have turned down $6B from Google. If they IPO and the company is worth $12B - $20B and all their investors get to cash out. As much of a shell game as it is, that would have been a fiscally prudent move by management.
- dreamdu5t 15y agoOh, you're totally correct.
- hessenwolf 15y agoCan I rephrase 'is worth' as 'is valued at'?
- marcamillion 15y agoYou know what I mean ;)