• The Dark Lord ☑️
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    8 months ago

    It’s not worth $20b. That was his own estimation, and remember step 2.

    Fidelity estimates its worth to be much lower.

    • psmgx@lemmy.world
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      8 months ago

      Fidelity estimates their specific investment in the company has a value lower than what it would be if the company was 20b.

      A convoluted way of saying they don’t think it’s worth 20b

      • BeigeAgenda
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        8 months ago

        I read somewhere that it could be closer to 8b