9 Jan 2025 10:57 am
Blackvegetable » 07 Jan 2025, 9:07 pm » wrote: ↑ Anduril's last round was at a 17 billion dollar valuation.
And it is still private.
If you want multiples, you buy in well before an IPO.
Again, in the abstract you would retain earnings if you can generate a return greater than the market.
I'm not talking about private equity...I'm talking about "secondary issues", generally shares held by insides that are restricted.
Ever hear the expression "He/she was employee #x at swizzlestick.com." frequently used to describe a philanthropist in their late 40's, living on an island in the Puget Sound?
You're buying a piece of that.
14B not 17B.