Exact(1)
As you savor that instant valuation of $5.1 billion, think of what it's doing for insiders who bought the other 91% for a mere $450 million over the last nine months.
Similar(59)
In the video he specifically calls out Quora and its instant $86 million valuation as troubling.
Now, in some countries, websites like Zillow (in America) and Zoopla (in Britain) offer instant online valuations, using algorithms to combine data from sales of nearby properties with current market trends.
And unicorn investors, often big hedge funds, help startups postpone their initial public offering (IPOs) and avoid demands from public investors for instant profits.Yet high valuations come at a price, says Fenwick & West, a law firm.
On March 16, Mr. Iksil told Mr. Martin-Artajo via instant message that the "divergence" between the midpoint and the bank's valuations "has increased to 300 now," meaning $300 million.
It's the stuff of instant Silicon Valley legend: While the soft market, and Houston's insistence on dealing only with platinum-plated VCs, crimped his valuation a bit, five-year-old Dropbox still raised a whopping $250 million on a $4 billion valuation.
2. Valuation.
She: "Instant, very instant".
Instant coffee.
Instant classic.
Instant magic.
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