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by sandworm101 1794 days ago
There are a few startups where that definition needs some flexibility, specifically startups that are based on large assets. A farm might be a startup, even though its key underlying asset (land rights) really will never approach zero. It could still fail without ever getting into net zero equity.
1 comments

I mean equity market price, not equity book value.

Equity market price embeds every information about the company.