Thread

1. bobthepanda · 1790020627 · focus · HN ↗

   One of these companies wanted an IPO valuing them at over $50B. To put in perspective what kind of crazy number that is, the entirety of Visa raised a valuation of $34B; and this company's parent, Softbank, had an IPO valuation of $64B.

   This just doesn't pass the smell test.

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