2 hours ago, weinoo said:
I don't know if it's what they value themselves at, or what investors value them at that's important.
Yeah I'm not clear on where the article got the 10 billion number. Have you seen how many shares they are offering and at what price? If Blackstone bought 8% for $200 million, isn't that a $2.5 billion valuation?
I just think if they went onto Shark Tank asking for investment at a valuation of 20x sales they'd get laughed at.
edited to add: share price expected to debut around $16