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> It's often a "the company is healthy" signal. The same was said about Stripe. Imagine buying Stripe shares at a $96BN valuation when it is now down more tha
by rvz 3y ago
> It's often a "the company is healthy" signal.
The same was said about Stripe. Imagine buying Stripe shares at a $96BN valuation when it is now down more than 50% from the peak.
I would indeed sell some if I saw that extreme valuation of any private startup.
- nl 3y agoActually it’s back to $70B on secondary markets: https://finance.yahoo.com/news/stripe-popping-off-secondary-markets-124035015.html https://finance.yahoo.com/news/stripe-popping-off-secondary-... Secondary markets always jump around because of lower liquidity. I’d wait until after IPO before making any conclusions there.