Speaking of GETCO, I have heard some outrageous numbers for what the firm might be worth.
An article in the WSJ stated, "General Atlantic will invest $200 million to $300 million for a stake in the firm of about 20%. That would value Getco at about $1 billion to $1.5 billion."
Now my first thought was just because a private equity firm paid $200 million for a 20% doesnât guarantee anything. I realize that they had a chance to review their books but...
I am curious to know peoples opinion on this.
