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