Posted by PureBULL ... > 2020-06-03 05:18 | Report Abuse

not based on the share price (in some private companies there is no PE nor a market valuation), but in terms of where the growth story is and what you will see 10 years from now.

THIS IS THE MAGICAL CONCEPT PLAY

Posted by soojinhou > 2020-06-03 10:28 | Report Abuse

The biggest red flag for most of Softbank backed companies is that the valuation of these companies are solely determined by Softbank itself. Say during a capital raising this company is valued at USD 1b, next capital raising a short time later the same company is valued at USD 2b, it is entirely determined by Masayoshi Son himself with no participation from the market. This gives the illusion that Softbank's company is doing very well when the entire thing is cooked up by Masayoshi Son.

Posted by soojinhou > 2020-06-03 10:38 | Report Abuse

The biggest red flag for most of Softbank backed companies is that the valuation of these companies are solely determined by Softbank itself. Say during a capital raising this company is valued at USD 1b, next capital raising a short time later the same company is valued at USD 2b, it is entirely determined by Masayoshi Son himself with no participation from the market. This gives the illusion that Softbank's company is doing very well when in truth the entire thing is cooked up by Masayoshi Son.

Posted by Philip ( buy what you understand) > 2020-06-03 17:46 | Report Abuse

But the important thing is IPO price and how much the other guy values the business enough to buy it off of you.

How much do you value grab? Or bytedance? Knowing that you know now about YouTube, Facebook, and Amazon and Google.

Imagine entirely new business models that have no similar or competing concepts.