Evidence receipt / belief
Published · transcript-backedDan Primack: belief
25 Oct 2019 Acquired The WeWork “Acquisition” (with Dan Primack)
“I think at this point, you could say that the old valuation models that we for most of these companies is value this, it’s a Series A, value this.”
Source trail
Everything needed to verify it.
- Speaker
- Dan Primack
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 25 Oct 2019
- Publisher
- Acquired
Transcript context
…The net value of the company is $8 billion, I believe. I think in the end the money is a little bit over $10 billion, I believe. But again, it is so convoluted, no one really quite knows. I think at this point, you could say that the old valuation models that we for most of these companies is value this, it’s a Series A, value this. I think it’s all just out the freaking window at this point. This gets to the market discovery or that the price discovery problem I alluded to earlier. When you have only one party who can buy and the leverage keeps swinging all over the place, they just keep valuing it up, down, up, down, all these different places depending on the specific moment in time.…
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