[HN Gopher] Rivian Files for IPO, Seeking About $80B Valuation ___________________________________________________________________ Rivian Files for IPO, Seeking About $80B Valuation Author : ystad Score : 19 points Date : 2021-08-28 20:41 UTC (2 hours ago) (HTM) web link (www.bloomberg.com) (TXT) w3m dump (www.bloomberg.com) | stathibus wrote: | Have to wonder why a very well funded company would plan to IPO | before they've delivered a single product. Almost like they are | betting against themselves. | adamnemecek wrote: | Or they need the money to speed up the development. In some | sense taking any investment is like betting against yourself. | hn_throwaway_99 wrote: | Ironically, Ford, which is a big investor in Rivian, has a market | cap of only $52B. | birbs wrote: | Ford has a debt to equity ratio of 4.7. ___________________________________________________________________ (page generated 2021-08-28 23:00 UTC)