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How can the share price of a private company be falling? > They could afford to dip into cash Why should they risk cash reserves with an uncertain future? So
by tomnipotent 4y ago
How can the share price of a private company be falling?
> They could afford to dip into cash
Why should they risk cash reserves with an uncertain future? So that they can layoff 30% later on if things get worse?
- TomBombadildoze 4y agoTheir own internal price target, the FMV they assign to shares. https://www.wsj.com/articles/stripe-cuts-internal-valuation-by-28-11657815625?mod=hp_lead_pos4 https://www.wsj.com/articles/stripe-cuts-internal-valuation-...