On: Alibaba Raises $21.8B in Initial Public Offering

[curun1r]

I think you've got a mistake with how you've figured in liabilities. They should be subtracted from assets, not market cap. So, using your numbers, the difference is closer to $10b, not $17b.

[skuhn → curun1r]

You're right, I adjusted the numbers a bit. That leaves $9.7bn of free money laying around, if you can get at it.

(minus taxes and discounts on the value, etc.)

[ricardonunez → skuhn]

You also forgot to include the money you have to pay for the lawsuits you will get for doing it. /j

[mikeryan → ricardonunez]

After 9.7B in "profit" those legal bills as significant as they could be would just be a rounding error.

[apercu → skuhn]

Corporations don't pay tax. Sheesh. ;)