Rivian started trading on wed Wednesday, and the stock has popped 60%. The company has made zero revenue as of their s one from october first. Their projected bes k scenario for cu three is a million in revenue. A company with no delivered vehicles becoming worth a hundred billion dollars is absolutely sa now this might be a case where jason's law does not actually wind up applying. I think nikolo, fisker and some of these other electric vehicle start ups are nowhere near where rivian is based. On what i can see, it has an estimated range of 314 miles at starts at 67 k but i don't think that's the actual price a i think
First, Jason analyzes Rivian's IPO and gives his thoughts on the current valuation (2:05). Then, Aaron Wright from OpenLaw joins (22:13) to discuss Decentralized Autonomous Organizations (DAOs). At OpenLaw Aaron has helped launch 9 DAOs by providing legal structure, tooling and infrastructure. They talk digital contracts, why Aaron thinks DAOs are better for investment decisions and more!