Comment by scarface_74
3 years ago
Only at a deep “we buy ugly houses” type of discount and only if the company allows it and if there is a market for it. Like I said earlier, I know the value of my “equity” in a publicly held company:
=GOOGLEFINANCE("AMZN", "price")* (number of shares).
I can log into Fidelity and sell my shares during hours when the market is open and not at a discount.
> Only at a deep “we buy ugly houses” type of discount and only if the company allows it and if there is a market for it.
This is incorrect. There is often significant unmet demand for private successful companies. Employees can often sell at close to what investors end up paying for it.
A startup that isn’t making a profit is by definition “not successful”.
This is also incorrect. Uber private shares sold for more than their IPO price when private while they weren’t making a profit.