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twosdaiyesterday at 10:44 PM0 repliesview on HN

If a company that wanted to IPO had 1 trillion dollars, their market cap would have to be larger than their cash holding. Their cash on hand is considered or at least should be considered in any normal valuation of the company. Because shares are ownership of the company.

So a simple valuation would be something like Current Cash + Assets + Expected Future cash - (Expenses + Risk)