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- cross-posted to:
- business
- news
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“Fidelity is currently valuing X at about $9.4 billion”
I found this funny.
“Fidelity is currently valuing X at about $9.4 billion”
I found this funny.
Just because it’s not publicly traded, doesn’t mean that there isn’t stock nor that there’s no market. Usually, you can technically still buy/sell the stock, just not as a random member of the public on a public stock exchange like the NYSE or FTSE.
There’s usually defined periods for sales as well. Gives employees and other stock holders a way to cash out and get new investors in.