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> Note that I'm not arguing that Twitter is worth more (or less) than they say it is, I'm arguing that they likely don't have access to information that makes t
by braingenious 4y ago
> Note that I'm not arguing that Twitter is worth more (or less) than they say it is, I'm arguing that they likely don't have access to information that makes their valuation particularly useful.
Wait, you don’t have any opinion about Twitter’s value, you’re just here impartially to say that you’re aware of Fidelity’s inner workings and are confident that they are likely wrong about Twitter’s value?
Do you care to share your personal insights into any blunders by Fidelity that don’t involve Twitter?
- maxerickson 4y agoI am not confident that they are wrong about Twitter's value, I'm confident that their valuation has huge error bars.
- braingenious 4y agoWhat’s the size of the error bar on your confidence? Can you share how you gained this confidence?
- deleted 4y ago[deleted]
- boopboopbadoop 4y agoSorry to interrupt your pitchfork campaign, but is there some set of information that we know this could be based off of, i.e. some sort of legally mandated report for shareholders of private companies? This is not my area of expertise nor am I in the US/familiar with US rules, but this thread has me curious.
- mccorrinall 4y agoBraingenious is not doing a pitchfork campaign but is actually right: https://www.bnnbloomberg.ca/twitter-buyout-loans-get-bid-at-60-cents-as-banks-sound-out-investors-1.1844762.amp.html https://www.bnnbloomberg.ca/twitter-buyout-loans-get-bid-at-...
- jjeaff 4y agoShareholders are usually legally entitled to quarterly or year end financials at a minimum, even for private companies. Though I don't know if any such reports are available yet to investors.