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$150M is 15% of a billion. Why would they have a few billion in cash if they only have $150M? Numbers seem off.
by chrisco255 5y ago
$150M is 15% of a billion. Why would they have a few billion in cash if they only have $150M? Numbers seem off.
- nexuist 5y agoThe numbers are off because it is a private company. They have $150M in disclosed assets, the true number may be magnitudes higher and probably is if the company can cough up $320M on a dime. Unless you have insider trading information there is no way to know Jump's real AUM.