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What? It means a lot, starting with how much money twitter will raise. Then it suggests a rough valuation (at usually a modest discount) to what institutional i
by pbreit 13y ago
What? It means a lot, starting with how much money twitter will raise. Then it suggests a rough valuation (at usually a modest discount) to what institutional investors think the company is worth.
- cdash 13y agoHis point is price means nothing except in the context of how many shares there are, but yet the amount of shares is never talked about only the price. 200 shares at 100 dollars means nothing but 1 million shares at 100 dollars means much more.
- pbreit 13y agoWell, since we already knew the number of shares, the comment made little sense to me.