And also on day 1, on paper the company is worth £1.5m like you say, but if you liquidate it on day 1 it’s only really got that intrinsic value of £1m like it had the day before, hasnt it? It’s still effectively the same business, it’s productivity expectation has to be valued as the same because it’s future is unknown (the extra £500k could be used to hire really bad shirt folders😂)
I know you mean, it was £1m and now it’s got another £500k, but I’m meaning the actual work of the company as a business. Out of that £1m, I’ll own 2/3 (now £666k) and the new investor owns 1/3 (now£333k)
Posted By: Augustus Pablo, Jan 28, 09:48:13
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