What would 13.4% of a uni IP startup be worth in 2024?
wonder how many buyers there are for an equity stake in a private company that is a little bit of IP out of a university run by academics.
but yet pentanet thought it was a good use of shareholders cash of $4m to value this IP startup at $30m. How dumb can you get.
nowadays, pentanet themselves cant even get anywhere near a $25m enterprise valuation.
Ann: 5GG capital raise presentation, page-35
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