Yahoo was surviving at one point because their stake in Alibaba...

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MrSiliconValley

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30/12/19

13:55

Post #: 42164214
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Originally posted by Grinder57: ↑

My thought exactly!

I believe Animoca owns a 7% interest in each incubator Company developed under the Zeroth Umbrella!

The last thing I want to do is pump an unknown outcome, however it looks like a few of these startups are raising some serious second round financing and the money will be looking for an exit strategy at some point!
Just for fun, let’s say one of these Company get sold for $100 Million and Animoca would receive around $7 million from the proceeds of the sale ! (If I have remembered correctly their % of ownership)
Of course , there could be a larger opportunity in play which could yield a higher return !

There also could be an option of a future IPO as an exit strategy, which could also be pretty exciting!
These Companies are probably at least a year away or longer to develop enough value to attract a take over!

I believe Animoca owns the majority interest in OliveX and they appear to be further along in the development cycle!

I thinks it’s okay to have some positive forward looking ideas about our Company, and the potential profits related to cashing in on one or more of these startups could easily ease the pain and costs associated with a possible exchange relocation if necessary!

Thanks for the sleeper updates Mr. Pangu!

again, all my opinion and Potential forward looking positive outcomes for the Company

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Yahoo was surviving at one point because their stake in Alibaba was worth I believe us$40b.

AB1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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Yahoo was surviving at one point because their stake in Alibaba...

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