Hacker News new | ask | show | jobs
by nabla9 582 days ago
"Valued $1 billion" does not mean that you get $1 billion when you attempt to sell any significant part. Private companies are hard to value.

One reason why they don't do IPO is that it would reveal their true value better and collapse valuation.

1 comments

It’s all fun and games until you have to share your books with the SEC.