Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The company lost about $12 billion in enterprise value between the last two transactions.


Valuation is not important. These are private market transactions. Ultimately all the investors made out well, and it seems the company is more profitable than it was before. At least expenses are way down and if those expenses are correct then they are paying off the debt and making a good profit.




Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: