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That isn't how it works. Going public at $120 bill valuation doesn't mean you raise $120 billion. They'd have raised something like they have here.
by danielmarkbruce 4y ago
That isn't how it works. Going public at $120 bill valuation doesn't mean you raise $120 billion. They'd have raised something like they have here.
- hgsgm 4y agoIt is how it works, selling at inflated valuation, but a fraction of the $120B, not all of it.
- danielmarkbruce 4y agoThe "fraction" part is key....