The most insane part of this is that Outcome is/was valued at $5.5bn.https://twitter.com/charlesornstein/status/918573833740791808 …
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Replying to @goldencaskcap
I lol'd when I read this. Well played
@wsj.pic.twitter.com/yGY3QwAiEg
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Replying to @KlendathuCap @WSJ
Imagine staring at this co's data room and actually thinking this would be a great business!
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Replying to @goldencaskcap @WSJ
I can't get past the fact that someone thinks this is a $5B "idea".
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Replying to @KlendathuCap
Pretty easy to justify a $250mm IPO fee for GS tho
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Replying to @goldencaskcap @KlendathuCap
5B sounds ridiculous but in general you can't equate startup valuations with publicly traded because of the liquidation preferences.
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Replying to @Molson_Hart @KlendathuCap
True, but $500mm raised for that business is still staggering
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Replying to @goldencaskcap @KlendathuCap
agree completely
9:15 AM - 13 Oct 2017
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