It doesn't have a price because it's not for sale. A value investor might say that a company's worth is the net present value of its future revenue, but this f

It doesn't have a price because it's not for sale. A value investor might say that a company's worth is the net present value of its future revenue, but this formula typically undershoots the market capitalisation of enterprises. Given HN doesn't have accounts and probably is a cost centre, it means the value of HN to YCombinator is hard to gauge and might be quite different to its value to a media company. [1]: https://en.wikipedia.org/wiki/Value_investing https://en.wikipedia.org/wiki/Value_investing