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Well the tweets said sales fell and haven't recovered since COVID, which has been going on for two years now. But regardless, the value of the shares are... wh
by fastball 5y ago
Well the tweets said sales fell and haven't recovered since COVID, which has been going on for two years now.
But regardless, the value of the shares are... whatever their value is now. It doesn't matter what they might be worth in 10 years if their current value is ~zero and a founder wants to divest them now.
- dwohnitmok 5y ago> It doesn't matter what they might be worth in 10 years if their current value is ~zero and a founder wants to divest them now. But the current value of shares is intimately tied to what their expected future value is. Indeed in the absence of an acquisition or IPO this is the only way to determine the current value of shares. And if different people disagree on their expected future value, they will disagree on their current value.