> The company was previously valued at $850 million (before the launch of the AI Pin)
Isn't the valuation geared towards making investors whole instead of the actual value of a company? I thought this was standard in the VC world.
Isn't the valuation geared towards making investors whole instead of the actual value of a company? I thought this was standard in the VC world.
They may be throwing a hail mary and trying to get it all back from sucker tho.