4 ms·

It will mean ALL companies will be valued at less because there will be less money being thrown at these companies. Saudi money is all over silicon valley and e

It will mean ALL companies will be valued at less because there will be less money being thrown at these companies. Saudi money is all over silicon valley and early stage tech companies.

fgheorghe 8y ago
So in the name of higher valuations we should accept criminal money? Interesting thought.
- Filligree 8y ago
  Nobody said that.
- devdas 8y ago
  Oddly enough, it is immoral but not illegal/criminal money.
- x220 8y ago
  >criminal money First of all, it's Silicon Valley. Check your ethics at the door. Secondly, it's not illegal if it's not against the laws of a country (and in this case, if the crown prince of a monarchy orders something, that's as close to legal as it gets). You could say that it's immoral, but that's a different statement, and you shouldn't conflate "illegal" with "immoral".
  - hobs 8y ago
    >First of all, it's Silicon Valley. Check your ethics at the door. Flip or not, this is gross. Calling a murder not a crime because a king decreed it is mind boggling. You shouldnt conflate "illegal" with "criminal".
    - x220 8y ago
      If a king decrees it inside an absolute monarchy, it's not a crime. That's literally how absolute monarchies work--the monarch has absolute and unaccountable power. Edit: if you disagree, please tell me why.
      - oytis 8y ago
        I disagree because positivism is not the smartest legal theory in my view. We all know Godwin's law, but nazi crimes is probably the best example of how something done by people with absolute power was considered and persecuted as a crime.
  - mwfunk 8y ago
    >First of all, it's Silicon Valley. Check your ethics at the door. No thank you. Maybe you're OK with this worldview, but I am not.
  - ionised 8y ago
    > First of all, it's Silicon Valley. Check your ethics at the door. Why would we do that?
spiderfarmer 8y ago
No, it would have the sideeffect of investors doing better due dilligence, which would bode well for companies with actual revenue.
- Retric 8y ago
  While you where downvoted that’s likely somewhat true. VC’s have strong incentives to invest all their money even if it means the fund only breaks even vs turns a small profit. In turn that drives up many costs like salaries and rent for the startup ecosystem. So, less money likely results in fewer but stronger startups. The issue is the best returns are for more risky bets that may not be funded in such an environment.

It will mean ALL companies will be valued at less because there will be less money being thrown at these companies. Saudi money is all over silicon valley and early stage tech companies.

fgheorghe 8y ago

So in the name of higher valuations we should accept criminal money? Interesting thought.

Filligree 8y ago
Nobody said that.
devdas 8y ago
Oddly enough, it is immoral but not illegal/criminal money.
x220 8y ago
>criminal money First of all, it's Silicon Valley. Check your ethics at the door. Secondly, it's not illegal if it's not against the laws of a country (and in this case, if the crown prince of a monarchy orders something, that's as close to legal as it gets). You could say that it's immoral, but that's a different statement, and you shouldn't conflate "illegal" with "immoral".
- hobs 8y ago
  >First of all, it's Silicon Valley. Check your ethics at the door. Flip or not, this is gross. Calling a murder not a crime because a king decreed it is mind boggling. You shouldnt conflate "illegal" with "criminal".
  - x220 8y ago
    If a king decrees it inside an absolute monarchy, it's not a crime. That's literally how absolute monarchies work--the monarch has absolute and unaccountable power. Edit: if you disagree, please tell me why.
    - oytis 8y ago
      I disagree because positivism is not the smartest legal theory in my view. We all know Godwin's law, but nazi crimes is probably the best example of how something done by people with absolute power was considered and persecuted as a crime.
- mwfunk 8y ago
  >First of all, it's Silicon Valley. Check your ethics at the door. No thank you. Maybe you're OK with this worldview, but I am not.
- ionised 8y ago
  > First of all, it's Silicon Valley. Check your ethics at the door. Why would we do that?

spiderfarmer 8y ago

No, it would have the sideeffect of investors doing better due dilligence, which would bode well for companies with actual revenue.

Retric 8y ago
While you where downvoted that’s likely somewhat true. VC’s have strong incentives to invest all their money even if it means the fund only breaks even vs turns a small profit. In turn that drives up many costs like salaries and rent for the startup ecosystem. So, less money likely results in fewer but stronger startups. The issue is the best returns are for more risky bets that may not be funded in such an environment.