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"Another question is if the market is ready for a $50B+ IPO. The current IPO record holder, Alibaba, was valued at $25B." He misunderstood the reference; Aliba
by educationcto 11y ago
"Another question is if the market is ready for a $50B+ IPO. The current IPO record holder, Alibaba, was valued at $25B."
He misunderstood the reference; Alibaba raised $25b in their ipo but was valued much higher ($231b). There's plenty of room for a company worth 70b to ipo.
- rgoksor 11y agoYou're right, I did misread the note -- see updated version. Interestingly, Alibaba's IPO came at a time of accelerating revenue momentum.