What kind of crackhead accountant valued their company at 750 million.
What kind of crackhead accountant valued their company at 750 million.
They are hoping the 7 year olds don’t know how much that is and go woah tenz cool i give money 😁
It's worded in a way that 4% is worth 30 mil, ofc they most likely meant the entire company is worth 30 mil but its funny to think they valued it at 750.
"Sentinels are looking to sell up to 4% of the Company at a $30.09 million valuation"
No chance
https://frontofficesports.com/top-10-esports-teams-worth-average-353m%EF%BF%BC/#:~:text=100%20Thieves%20emerged%20as%20the,with%20a%20%24460%20million%20valuation.
This article valued TSM as the top org at ~400M in May 2022, no way SEN has made that much in a year
They were valued that because of the FTX $100 mil sponsorship;
they only received like 1/4th of that money iirc
"Sentinels are looking to sell up to 4% of the Company at a $30.09 million valuation"
the company is worth 30m and they are selling 4% of it, which is approx a million $
"Become a part of our of our company and enjoy the exclusive benefits that come with reserving your interest in becoming an investor."
https://investors.sentinels.gg/
yet they can't invest in proper corporate writers ...
a $30.09 million valuation means they're valuing the company at $30.09 million
so if they're looking to sell 4% at a $30.09 million valuation then that means they're selling 4% for about $1.2 million
Esports org actually scamming investors lol only org that can put the money to back it up is Edward Zhu Gaming.