[HN Gopher] Rivian Files for IPO, Seeking About $80B Valuation
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Rivian Files for IPO, Seeking About $80B Valuation
 
Author : ystad
Score  : 19 points
Date   : 2021-08-28 20:41 UTC (2 hours ago)
 

web link (www.bloomberg.com)

w3m dump (www.bloomberg.com)

 
| stathibus wrote:
| Have to wonder why a very well funded company would plan to IPO
| before they've delivered a single product. Almost like they are
| betting against themselves.
 
  | adamnemecek wrote:
  | Or they need the money to speed up the development. In some
  | sense taking any investment is like betting against yourself.
 
| hn_throwaway_99 wrote:
| Ironically, Ford, which is a big investor in Rivian, has a market
| cap of only $52B.
 
  | birbs wrote:
  | Ford has a debt to equity ratio of 4.7.
 
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