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NPM raised another $8mm today, so this article is relevant for revisiting its valuation.

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    What is the point of adding an extra M?

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      it’s customary in accounting to indicate thousands as an M and millions as two Ms (that’s from the roman numerals, where M is a thousand).

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        What is interesting is that the original article that the guy links to doesn’t bother to do that.

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      If you invest $10 in a company and it pays a dividend of $1 for 20 years and then goes out of business, you have made money on the investment without ever selling the shares.

      Only companies that don’t actually turn a profit really need to IPO or be acquired.