[HN Gopher] Rivian Files for IPO, Seeking About $80B Valuation
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       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.
        
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       (page generated 2021-08-28 23:00 UTC)