May. 13 at 2:15 AM
$RVI I’m staying long SKM (ticker) over this.
Reasoning: you have to look at the valuation at which the investment in the underlying company had been done.
SKM invested in Anthropic at
$5B valuation. Perplexity years ago as well.
Does anyone even know what RVI invested in their companies at? I think there’s still upside, but I’d dance carefully here.