lukestein’s Twitter Archive—№ 3,641

@EllenAprill @DanielJHemel @jodiecongirl @EOTaxProf Don’t know the answer to your specific question, but we do have evidence that the “valuations” ascribed to private firms’ equity claims that have special features don’t always reflect reality; e.g., sciencedirect.com/science/article/pii/S0304405X19301692