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by rchaud 1147 days ago
That's $4b in Twitter stock though. What would that even have been worth now, assuming they remained public?
3 comments

It would have converted to approximately 3.3 billion USD when Elon bought Twitter. However, even if twitter wasn't purchased and no one sold while it sunk to $17/share (which is about the average of estimates people were making when Elon finalized buying it), it still would be over a billion dollars as an exit. Do you think Clubhouse is a unicorn now?
It looks like the share price in April 2021 was on the nose the same price Elon paid.

So the investors and founders would have converted $4B in Twitter stock to cash almost 1:1, that's not bad.

More, since Twitter is better, more lean, and more popular than ever.