4 ms·
IPO at 1B, valuation drops to 200M after 1 year Buy back shares at 1/5th of the price
by PaywallBuster 4y ago
IPO at 1B, valuation drops to 200M after 1 year
Buy back shares at 1/5th of the price
- toomuchtodo 4y agoPublic markets are turning into de facto bag holders. Buy a pig high on exuberance, sell it back to the company low.
- ffssffss 4y agoWith what money? For this to work the way you want, the company would have to be trading at lower than the book value of its assets, in which case you might as well liquidate it. If you get the money from debt, now you have to focus on servicing the debt, which is probably worse than what the street wants (revenue growth).