How Do You Value A Private Company? The Answer Could Affect Martin Shkreli's Fate - News Summed Up

How Do You Value A Private Company? The Answer Could Affect Martin Shkreli's Fate


(He also emphasized, for the jury, that Retrophin, now publicly traded, has a market cap of 740 million today.) “Market cap and pre-money value are like cats and dogs,” Blanton said. Well, Brafman wanted to know, as a private equity investor, wouldn’t Blanton have used the same techniques he used to value other companies to value Retrophin? Initially, Shkreli couldn’t pay Blanton back when Blanton asked his funds to be returned. But the Retrophin shares Blanton later received were eventually sold for a $2.4 million profit.


Source: Forbes July 06, 2017 19:41 UTC



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