@UpADamnMountain @RadioFreeNorthwest “Valued at” means, “by giving them this mon

@UpADamnMountain@RadioFreeNorthwest “Valued at” means, “by giving them this money, within x years, we expect them to be able to exit us at 1B valuation, doubling our money”. It does not mean that the company is worth 500M. Nothing of the sort. This is how financial ignorance in the population is abused.