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That's $4b in Twitter stock though. What would that even have been worth now, assuming they remained public?
by rchaud 4y ago
That's $4b in Twitter stock though. What would that even have been worth now, assuming they remained public?
- stronglikedan 4y agoMore, since Twitter is better, more lean, and more popular than ever.
- samwillis 4y agoIt looks like the share price in April 2021 was on the nose the same price Elon paid. So the investors and founders would have converted $4B in Twitter stock to cash almost 1:1, that's not bad.
- HWR_14 4y agoIt would have converted to approximately 3.3 billion USD when Elon bought Twitter. However, even if twitter wasn't purchased and no one sold while it sunk to $17/share (which is about the average of estimates people were making when Elon finalized buying it), it still would be over a billion dollars as an exit. Do you think Clubhouse is a unicorn now?