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> Even after the recent massive dip, Snap's valuation is an order of magnitude greater than Facebook's notorious buyout offer you need to do the math for both
by mulligan 4y ago
> Even after the recent massive dip, Snap's valuation is an order of magnitude greater than Facebook's notorious buyout offer
you need to do the math for both companies.
If Snap took the offer and held the FB stock, it would be at the exact same valuation that SNAP is currently at
- Ferrotin 4y agoBut that’s not what you do with the stock.
- mulligan 4y agohmm, please explain. is the ceo of snap still holding SNAP shares? it is liquid and the ability to sell off or keep is true whether he had FB shares or SNAP shares
- Ferrotin 4y agoThe acquisition happens, and you sell the FB shares. It’s not like you’d allocate your portfolio based on how much FB you already have.
- ssalazar 4y agoFair point. Even with the valuations exactly the same, Snap's case demonstrates resilience to "American tech giants making life tough for statups."
- scarface74 4y agoSnap is currently down 70% YTD…. It also isn’t consistently profitable and just announced a profit warning. It’s also being hit by Apple’s Ad Tracking Transparency changes.