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RE: Steem DApp: Dlike Having IEO With Token Sale On IDCM Korea

in #busy • 5 years ago

It will be hard to follow up on the success of Steemhunt but it will be interesting to watch. I am not sure the price per token really means much since most people look to invest a certain amount and think of percentage return on the money.

I never used Pinterest either but it is going to IPO with an expected value of $12B. That is a lot of cheddar for a picture and link posting site. They have 250M monthly visitors which is extremely attractive to Wall Street. If Dlike can duplicate even a sliver of that success, we who hold STEEM will be elated.

5 years ago in #busy by
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     5 years ago (edited) 

    I had no idea about those sorts of figures and no wonder it could do well. 250 million monthly visitors is massive and you are right, coming second is not something to ignore. Thanks for that as you just peaked my interest a little in Dlike lol.

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     5 years ago  

    Here is an article that discusses it.

    The company hasn't disclosed what it will price its shares at or how much it wants to raise from the offering, but did say that its shares will be listed on the New York Stock Exchange with the ticker PINS. The latest estimates, based on Pinterest's multiple rounds of funding, put the company's valuation at around $12 billion.

    https://www.fool.com/investing/2019/03/25/pinterest-ipo-4-key-points-from-the-companys-finan.aspx

    Reddit is a $2B-$3B valuation.

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     5 years ago  

    Thanks so much. I am going to read it right now.