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So Pre-revenue and Pre-Production and yet command $80 Billion valuation into an IPO. That is all good in the VC/PE world were investors have resources to evalu
by manquer 5y ago
So Pre-revenue and Pre-Production and yet command $80 Billion valuation into an IPO.
That is all good in the VC/PE world were investors have resources to evaluate and access to a lot of confidential data when evaluating a target.
For retail investors like you and me, that is a enormous risk, neither have we the average investor the time or knowledge/skill and access to critical information to meaningfully evaluate this early stage company.
There is lot of steps and risk from selling to your key investor to the entire market and to scale production to hundreds of thousands of units a year this valuation seems to have already priced in at negligible/zero .