Well basically what I was getting at is that the mindset of the investor is different. For a private company there is no current liquidity for shares and no known time frame for said liquidity. If you wanted 'out' of your investment you would have to strike a deal with another private share holder and negotiate said value... and likely have an internal vote.
Here on the public market... well the 2nd you print the share it's your to sell. The mindset of the 'investor' is short term.
Either way dilution is dilution. If I'm not mistaken Steep has sold somewhere up to $10M in notes and they are claiming to be worth $75M. They would arguably need to be bought out or go public for those investors to easily cash out. Of course they are accredited with bigger check books than you and I.
I wish I could find more on steep but I'm having a hard time believing they are worth 15x EVIO. As I understand it they license most labs which I can't see being a massive revenue generator.
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