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Personally, I want to know how much Y Combinator companies have lost in Market Cap in the latest route. Many are trading below their IPO prices and have lost a
by gsibble 4y ago
Personally, I want to know how much Y Combinator companies have lost in Market Cap in the latest route. Many are trading below their IPO prices and have lost a huge amount of value.
- jrlocke 4y agoYou're looking for rout, not route :)
- gsibble 4y agoWhoops, my bad!
- skeeter2020 4y agoThough a bad one can lead to the other!
- mensetmanusman 4y agoAt a long enough time scale everything is below value because our star collapses.
- garbagetime 4y agoProve it
- gmmeyer 4y agoHate to be pedantic but our star won't collapse it's not large enough for that, it will simply puff out and die leaving behind a very hot core called a White Dwarf
- ProAm 4y agoYou're underestimating humanity's future potential to add more gas to our star!
- c0brac0bra 4y agoNot at these prices.
- gcheong 4y agoWell, talk about anti-climatic!
- mensetmanusman 4y agoWon’t the white dwarf be a smaller diameter than the sun? That’s what I meant by collapse, but maybe in astronomy collapse means supernova?
- eloff 4y agoThe oldest company in the world is only 1443 years old (Kongo Gumi of Japan.) Most companies don't last a single human lifetime. It's completely besides the point to bring up things that play out over billions of years in that context. It's just trolling.
- jjtheblunt 4y agoPseudo-blasphemously, I immediately thought "Is the Catholic church older, and in some sense a company, selling salvation?".
- eloff 4y agoHaha, yeah that raises some interesting questions about what a company is. I feel like you could look at it through that lens.
- mensetmanusman 4y agohttps://worksthatwork.com/3/kongo-gumi https://worksthatwork.com/3/kongo-gumi Interesting that it started by building Buddhist Temples and has been building and maintaining them for that long. Cool!
- lordnacho 4y agoThere are other stars
- whatshisface 4y agoThere are a lot of good responses, but another is that these companies are all expected to pay dividends, do buybacks or liquidate some time between now and the end of the universe. Every stock contains that promise, or a chance of it, supplying the ultimate justification for a nonzero price.
- deleted 4y ago[deleted]