Uber is listed on the Stock Market
Many pension funds, investment funds and publiclly traded funds have taken positions in Uber and hence the publicly traded companies stock value adjusts as the perceived value of Uber adjusts up and down.
Having watched Fidelity write down the stock value of many of the private companies it owns then surely all the so called private Unicorns are really public traded companies.
Let us play this out:
- Fidelity owns stock in a private Unicorn
- Fidelity puts a value on this private Unicorn and reports it to the market
- The markets adjuste the valuation of Fidelity stock based on this valuation
- Hence the market has a share in a public Unicorn
- Indirectly the so called private Unicorn is actually a publicly listed company
Just for though:)
Doug