This isn’t a terrible deal. Not hard to see a revival to 3bn+ MC. Still think that UST holders pre-depeg want liquidity and they should as a class sell their allocation to investors. (Note: I have not checked math)https://twitter.com/priyeshugarg/status/1527253678612430848 …
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Wow. That 3.3 cents for every dollar! It's better to sell UST in the market now.
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That's just estimates.
End of conversation
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At fully diluted, he’s 10x off. But on day one there will be fewer outstanding tokens to share the n-billion dollar valuation. Overtime market cap will need to rise to keep the price per token the same.
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I think you’re right ser.
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I also guess it's about 3% what we might expect from the pre-event amount. Not 30 %.......
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Fudge I really need some hopium
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And that’s what a stomach for distressed debt investing means, since you can go 3c to $1 in a successful turnaround. But that’s not what Anchor depositors signed up for, and I think that’s the crux of what
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He is not taking inflation/vesting into account. Math is good for day 1 but not for years 2 onwards
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