L4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 11 months agoFidelity has marked down the value of X by 65%www.axios.comexternal-linkmessage-square34fedilinkarrow-up1283arrow-down123file-text
arrow-up1260arrow-down1external-linkFidelity has marked down the value of X by 65%www.axios.comL4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 11 months agomessage-square34fedilinkfile-text
minus-squareKraven_the_Hunter@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up29·11 months ago65% from $44B or the more realistic value? Because 65% off of $44B is close to the original projected value I think, which makes absolutely no sense.
minus-squareryeonwheat@lemmy.mllinkfedilinkEnglisharrow-up24·11 months ago65% down from the 300 mil that Fidelity put into the acquisition. This article isn’t about the overall value, just one investors valuation of their investment.
minus-squareHeyThisIsntTheYMCA@lemmy.worldlinkfedilinkEnglisharrow-up5·11 months agoYeah they ain’t seeing all of that back.
minus-squareryeonwheat@lemmy.mllinkfedilinkEnglisharrow-up4·11 months agoIf they wait long enough, they might be trading their stake in X for a candy bar.
minus-squarefriend_of_satan@lemmy.worldlinkfedilinkEnglisharrow-up4·11 months agoThat has got to hurt. They put in 300 mil, and all they will get back is 100 grand.
minus-squareNeoNachtwaechter@lemmy.worldlinkfedilinkEnglisharrow-up2·11 months ago close to the original projected value Doesn’t matter much. Their boss continues to work it down to rock bottom.
65% from $44B or the more realistic value? Because 65% off of $44B is close to the original projected value I think, which makes absolutely no sense.
65% down from the 300 mil that Fidelity put into the acquisition. This article isn’t about the overall value, just one investors valuation of their investment.
Yeah they ain’t seeing all of that back.
If they wait long enough, they might be trading their stake in X for a candy bar.
That has got to hurt. They put in 300 mil, and all they will get back is 100 grand.
Doesn’t matter much. Their boss continues to work it down to rock bottom.