|
|
|
|
|
|
by number_six
2449 days ago
|
|
|
The valuation is from Softbank consistently buying rounds of equity at higher and higher valuations that they themselves were creating. Softbank bought in, so this is more valuable, so Softbank will buy in again at a higher valuation, so this is more valuable, so Softbank will buy in again at a higher valuation; and round and round it went until we hit ~$40B |
|
|