"Aggregate value" is an interesting way to measure performance, and makes it easier for him to be right than it looks at face value. On the face of it it looks

"Aggregate value" is an interesting way to measure performance, and makes it easier for him to be right than it looks at face value. On the face of it it looks like he's saying their value will increase by 2x or 3x, but what about capital raisings? Capital raised will still count in aggregate value, but doesn't provide direct value for shareholders. For example, one way for a company to go from a $1bn value to a $2bn value is to raise $3bn and then fall by 50%