"Reason 2 : Goldman has likely earned the lead book runner slot in any initial public offering."
When Microsoft valued Facebook at 15 billion, it was the same thing : they paid 240 million for 1.6% of the company AND running ads on Facebook (while excluding Google) AND some other things we may not know.
But people just said 1.6% for 240 million = 15 billion without taking other parts of the deal into account.
When Microsoft valued Facebook at 15 billion, it was the same thing : they paid 240 million for 1.6% of the company AND running ads on Facebook (while excluding Google) AND some other things we may not know.
But people just said 1.6% for 240 million = 15 billion without taking other parts of the deal into account.