Here is the link which says each stock would be priced at $21. Employees can't sell it for 6 months. So employees, feeling rich ? https://www.post-gazette.com/business/tech-news/2021/08/16/self-driving-startup-Aurora-shares-21-each-SPAC-initial-public-offering-Reinvent-Technology-Partners-Y/stories/202108160088
IPO/SPAC seems a bit premature.
What valuation would that result in?
13 billion or so I believe
Incredible that the valuation of this no name company with no product or proven track record on the public market is nearly half of waymos private valuation.
That’s the new normal because of more rookies with lots of money - and no idea where to put that.
💲
I will say that this is inspiring me to HODL Cruise 🤣🤣🤣
To me this is worth 0$.