You've probably seen the headline numbers with Hyundai Motor India listed at a valuation of roughly $19 billion, the largest IPO in Indian history. Swiggy followed soon after at around $11.3 billion. When it comes to public perception, it’s quite simple: “Bigger number = better company!” So, if a company fails to achieve the high valuation it wanted, it’s likely in trouble, right? Well, not really. Valuation is technically just simple math, where you take the price of one share and multiply...