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Nairaland Forum / Nairaland / General / Investment / Why No Nigeria Entity/startup Is Worth $56 Billion (235 Views)
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Why No Nigeria Entity/startup Is Worth $56 Billion by PericomaNwankwo: 3:16pm On Apr 26, 2022 |
In response to this post: https://www.nairaland.com/7097237/self-made-company-nigeria-bought-40/3#112292224 . No Nigerian startup or business is worth 56 billion dollars because we don't have any of such entity that serves the global audience/market. For an entity to be worth such, it must boast of a global market of consumers. Now remember that the bid price of an asset/value isn't dependent on its stock value. So the stock value of Tesla might be about 4 billion dollars but it could be sold for more than that depending on the potentials the buyer sees in it. |
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