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So this is strictly the value of their investment and not reflective of their assessment of the business as a whole? How exactly does that work? Is it like if
by braingenious 4y ago
So this is strictly the value of their investment and not reflective of their assessment of the business as a whole? How exactly does that work?
Is it like if I bought a stake in a bag of apples but only my apple went bad?
- everforward 4y agoIt's reflective of their assessment of the business as a whole. That number is basically "what we think Twitter as a whole is worth * the percent we own". They think Twitter as a whole is worth half as much, so they're marking down the value of their shares.
- braingenious 4y agoThank you, that actually makes sense.