this post was submitted on 13 Dec 2024
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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How is it still a startup if it's worth almost $14b
It's probably worth 14B in the way a fire that you feed 14B of cash into is worth 14B
Yeah that we just go "this is what the stocks are worth if we sold them all now" never feels correct as a valuation of companies for me. It is all so illiquid.