• Dhs92
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    128 days ago

    How is it still a startup if it’s worth almost $14b

    • @Architeuthis
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      138 days ago

      If you never come up with a marketable product you can remain a startup indefinitely.

      • @Soyweiser
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        8 days ago

        Also calling yourself a startup makes it a lot easier to abuse your naive young techworkers. “This is just how things go with a startup mindset, your partner and kids will be fine you saw them last month”

        E: another startup thing (saw Eat Just from the vatmeat thing did this, but also see Trump/Musk as notable examples), just dont pay or pay your suppliers extremely late.

    • @swlabrOP
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      108 days ago

      It’s probably worth 14B in the way a fire that you feed 14B of cash into is worth 14B

      • @Soyweiser
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        78 days ago

        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.