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Extreme example that illustrates the point fantastically: 37signals valued at $100 billion after investor buys 0.000000001% of the company for $1. http://signal
by visakanv 13y ago
Extreme example that illustrates the point fantastically: 37signals valued at $100 billion after investor buys 0.000000001% of the company for $1. http://signalvnoise.com/posts/1941-press-release-37signals-valuation-tops-100-billion-after-bold-vc-investment http://signalvnoise.com/posts/1941-press-release-37signals-v...
- downandout 13y agoThe problem with this is that they set themselves up for a down round. The smart money will clearly come in at no more than $50 billion :).
- chavesn 13y agoThat really doesn't illustrate anything besides silliness. It does illustrate how these don't mean anyone actually has $10 billion cash[1], but that wasn't the point here. [1]: which does still confuse many as shown and explained here: http://money.stackexchange.com/questions/11368/how-are-startup-shares-worth-more-than-the-total-investment-funding/11373#11373 http://money.stackexchange.com/questions/11368/how-are-start...