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I’m making the point that you have two cos whose main US product is virtually indistinguishable from one another. The founder from one became a multi billionair
by randomacct3847 8y ago
I’m making the point that you have two cos whose main US product is virtually indistinguishable from one another. The founder from one became a multi billionaire and the others are 1/20th of the way of becoming one.
- ceejayoz 8y agoLyft and Uber's revenue numbers are quite distinguishable from each other.
- untog 8y agoI'm making the point that when you look at both objectively rather than in comparison they are both absurd amounts of money.
- kolbe 8y agoIf you had a billion dollars, would you immediately give away $900mm, since you appear to be arguing the difference is meaningless? Just because they're both a lot of money doesn't mean it's not important to the people who have said money.
- throwawaymath 8y agoBut you're injecting that point into a discussion about a different point as though it provides more insight. It's not particularly interesting; we get it, they're fabulously wealthy. But no one contested that, which is why several people are trying to explain that it's not what they were talking about. An S-1 filing encourages relative financial comparisons by design and intention. It's not surprising that Lyft's founders are extremely well off now. What could be surprising is the degree of dilution they experienced. Those kinds of financial technicalities require us to engage in discussion that treats objectively fantastic returns in terms of relativities.
- untog 8y agoWe're about four replies deep into a conversation chain by now. I would have imagined that if people didn't want to talk about my original observation they would have simply not replied to it! "Interesting" is an obviously subjective term, I find the relative measures that Silicon Valley apples to wealth absolutely fascinating.