Comment on The IPO Markets - Part 1

Mangesh Baxi commented on 28 May 2018, 04:33 PM

What if there is a proxy VC, who picks up just 1-2% of the shares for a large value, won’t the valuation of the company get inflated? Also many loss making companies like flipkart & snapdeal attract VCs. Then how is the company valued even if there are no profits? Is just a subjective judgement?

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