Plus “building up” like Tesla which had many 10x multiples is kinda a different story than a company that started out in the Top 5 by market cap.
Sure, there’s a limited float plus meme stock/hype/etc but still, steady growth which would lead to like a $20 trillion company in a few years?
Since I’m assuming IPO investors are going to be comparing to the last decade’s history of the tech giants and wouldn’t be satisfied with a 1.25x from IPO over 5 years or something…
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Plus “building up” like Tesla which had many 10x multiples is kinda a different story than a company that started out in the Top 5 by market cap.
Sure, there’s a limited float plus meme stock/hype/etc but still, steady growth which would lead to like a $20 trillion company in a few years?
Since I’m assuming IPO investors are going to be comparing to the last decade’s history of the tech giants and wouldn’t be satisfied with a 1.25x from IPO over 5 years or something…