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Evidence receipt / belief

Published · transcript-backed

Ben Gilbert: belief

29 Jan 2020 Acquired WhatsApp

“” What facebook was giving up here (and we’ll talk about this in the grading) I don’t think you should think about is the cash value, I think you should think about as the percentage of their equity value, which is about 10%.”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
belief
Recorded
29 Jan 2020
Publisher
Acquired
Episode
WhatsApp

Transcript context

…No, we’re going to get into that. [...]. Facebook be like, “Oh my gosh! ” What facebook was giving up here (and we’ll talk about this in the grading) I don’t think you should think about is the cash value, I think you should think about as the percentage of their equity value, which is about 10%. They’re a $200 billion something market cap company at this point. They basically sold 10% of the company in order to go and get this asset. For reference, we’ll talk about this in analysis later. But Facebook is a $630 billion market cap company today.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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