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by outside1234 6 days ago
Hopefully they made this investment pre-IPO at some vastly lower valuation because otherwise… …this is a not going to end well for them.
2 comments
jddj 6 days ago
They got in at a ~12B valuation. They'll be fine
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Aboutplants 6 days ago
If true then they paid under $800 Million for their 6%, now valued at $94 Billion.
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dagaci 6 days ago
Yes, google they paid $900 millions in 2015 for about 7% stake, 100X. % Number probably fell because of all the "merging".
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forrestthewoods 6 days ago
They’ll be fine? Dang I wanna be “fine”!
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carlosjobim 6 days ago
Why? They will still have their same stake no matter what happens with the stock price.
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