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If a business has $50 million in cash on hand and no significant liabilities, the business is worth at least $50 million, no doubt. However that still leaves $
by michaelt 2y ago
If a business has $50 million in cash on hand and no significant liabilities, the business is worth at least $50 million, no doubt.
However that still leaves $29.95 billion of the $30 billion valuation unexplained.