Merchant In the Sea Chapter 174

Venture capital invests in stocks based on valuation. What does a valuation of 1 billion mean?

In exchange for his 20% stake, he would need to pay 200 million US dollars.

Strictly speaking, their internal valuation was already very high, at 150 million U.S. dollars. This amount was calculated based on total assets plus profits, including his 32 cargo ships and the 30-year development and use rights of Gan Island Port.

The estimated listing target is only 5 billion US dollars.

We are doing it according to 30 times the venture capital.