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And it puts the valuation a cool $10 billion past the $65 billion valuation that a General Atlantic investment (in private shares) will apparently give the social network.
"We're still a long way from the having the kind of valuation that a company our size should fetch," sighs Serge Tchuruk (pronounced "cha-RUK"), Alcatel's CEO, over a four-course lunch at its tastefully modern headquarters just off the Champs-lyses.
Today, however, one part of it is finally being confirmed: the startup announced that it has raised $793.5 million in a Series C round of funding, at a valuation that a spokesperson tells us was $3.7 billion pre-money, and $4.5 billion post-money.
Today, however, one part of it is finally being confirmed: the startup announced that it has raised $793.5 million in a Series C round of funding, at a valuation that a spokesperson tells us was $3.7 billion pre-money, and $4.5 billion post-money.
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Let us consider a valuation that satisfies a stronger condition than the triangle inequality.
We understand the investment gives Go-Jek a valuation that is a touch above the $3 billion that Tencent agreed to invest at last year.
When you're a financial services company that's growing toward a $30-billion 30-billion that's a problem — especially if you offer mortgages.
Yet days before the settlement, Facebook's board signed off on an expert's valuation that put a price of $8.88 on its shares.
As yet we have no evidence that it will ever get those ads and at this valuation, that's a problem.
A valuation that might cause a New York-based money manager to flee might be more than palatable to a Chinese investor.
It is a valuation that would make even a dotcom investment banker turn a brighter shade of pink.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com