3 ms·
> For most people, owning 100% of a company making $1M/year would be preferable to owning 10% of a company making $1B. It's not just that money has decreasing m
by speedplane 7y ago
> For most people, owning 100% of a company making $1M/year would be preferable to owning 10% of a company making $1B. It's not just that money has decreasing marginal value. It's about what life you want to live.
Being in control of your life, or of anything, is a huge benefit and comes with a big premium. When one company acquires a public company, they usually pay more than the public stock price. If you don't drive to work, owning a car is very likely more expensive than renting, but many buy because control over when and how to drive is gained is worth the cost.
- heavenlyblue 7y ago>> owing a car But there are no car rentals which would bring a car to your door in the next 15 minutes.
- hawkice 7y agoIsn't that what Uber and Lyft do? I don't own a car and that's how I use them. I'm not precious about being the driver.
- andygcook 7y agoI saw this service mentioned in another HN article about YC life last week and thought it was interesting: https://drivekyte.com/ https://drivekyte.com/ A driver delivers the car rental to wherever you want then leaves on an electric scooter.
- dnh44 7y agoThere is a small car rental company in my town that does just this although it's more like an hour rather than 15 minutes. They've got all of my details on file so it's as easy as a 10 second phone call because the person recognises me by voice.