2 ms·

Because I'm not a public company keeping my stock artificially high with buy backs or a VC-backed money pit pumping out bad idea after bad idea. But if I were,

• latency-guy2 3y ago
  So make a bad idea, start out as a private company, maybe even get seeded by YC for your bad idea. If they're a dime a dozen, then whats stopping you? I'm encouraging you to do it. You have my full support.
• JumpCrisscross 3y ago
  > keeping my stock artificially high with buy backs How do buy backs artificially raise the price of a stock? A stock among ten is worth more than one among a million, ceteris paribus. > a VC-backed money pit Netflix went public in 2002 at $15 per share [1]. After adjusting for stock splits, it's now just shy of $5,000 on the back of billions of dollars of annual profits. Not VC backed. And not a money pit. [1] https://www.nasdaq.com/articles/if-you-invested-%2410000-in-netflixs-ipo-this-is-how-much-money-youd-have-now-2021-04-05 https://www.nasdaq.com/articles/if-you-invested-%2410000-in-...