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Why No Nigeria Entity/startup Is Worth $56 Billion - Investment - Nairaland

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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
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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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