Re:WeWork Parent Weighs Slashing Its Valuation in Half
by throwaway_law on Thursday September 05, 2019 @01:18PM
(#20888822)
>marking up an investment with a tiny secondary round
Maybe a $2B round is tiny in the face of annual losses of $1.9B which was 2x the loss from the year before.
Who really knows anymore, maybe doubling your losses is just another metric VCs can spin as positive growth. After all the Unicorn IPO mantra seems to be, but we can stop our billion dollar losses whenever we want and then its all profits.
Maybe a $2B round is tiny in the face of annual losses of $1.9B which was 2x the loss from the year before.
Who really knows anymore, maybe doubling your losses is just another metric VCs can spin as positive growth. After all the Unicorn IPO mantra seems to be, but we can stop our billion dollar losses whenever we want and then its all profits.