4 ms·
(I realize this is rather tactless, but I ask in the interest of fairly weighing the risk/rewards of startups/consulting vs. big tech) Is it fair to read this
by Epenthesis 10y ago
(I realize this is rather tactless, but I ask in the interest of fairly weighing the risk/rewards of startups/consulting vs. big tech)
Is it fair to read this to mean that patio11's net worth is < 250 k$? (Based on the fact his liquid assets were negative prior to the sale of AR, and said sale netted less than the price of a house in Tokyo, median price: ~250 kUSD.).
- uiri 10y agoI would be very surprised if the median price of a house in Tokyo is ~$250k USD. I would ballpark it more to the $500-750k USD range. My impression was that he had liquid assets and took on debt in order to avoid potential cashflow issues should he deplete his liquid assets. I would hazard a guess that the value in the range of (new house, new house in Tokyo) refers to (sale of AR - $120k in debt) rather than his total net worth after the sale.
- 0x1234 10y agoPrepare to be surprised :) http://resources.realestate.co.jp/buy/what-is-the-average-price-of-a-house-or-condo-in-tokyo/ http://resources.realestate.co.jp/buy/what-is-the-average-pr... We have a mental model from the 80s. Decades of recessionary prices catches up.
- guy_c 10y ago... and don't forget a shrinking population. Accommodation in Japan is surprisingly inexpensive.