3 ms·
How do they come up with this? Is the long death of reddit, really the TikTok-isation of reddit into yet another vapid commercial meh-space? Will this actuall
by Chris2048 5y ago
How do they come up with this?
Is the long death of reddit, really the TikTok-isation of reddit into yet another vapid commercial meh-space?
Will this actually succeed, or is this the pump before the dump?
- gruez 5y ago> How do they come up with this? You mean the valuation? It's a simple formula of ([money raised] / [shares issued]) * [total shares outstanding]
- Chris2048 5y agoJust a linear regress on what they raised so far? Ok, fair enough. feels overvalued though.
- HWR_14 5y agoNo, gruez was talking about how to take the new cash infusion and turn it into market cap. Literally just price of new share times share outstanding. You wanted to know how they decided on the market cap to accept money for. It's a totally different, complex, and non-public process.