3 ms·

Yeah if this was a stock, I’d be buying it today. The thing is great.

toomuchtodo 3y ago
You'd want to wait to be part of recapitalization after a reorg is required. The deal is made on the buy, not buying someone else's bags. EDIT: See gosub100's comment [1]. (not investing advice, educational purposes only) [1] https://news.ycombinator.com/item?id=38206727 https://news.ycombinator.com/item?id=38206727
- nonethewiser 3y ago
  Sure sounds like investing advice
  - jon-wood 3y ago
    Yes, but they’ve said it isn’t, which is apparently sufficient even if you run an ad saying “InvestCo is great, you can make a ton of money from them [terms & conditions apply, you may actually lose money instead, not investment advice]”
    - maxerickson 3y ago
      It's a silly affectation rooted in lawyers commenting about a generality in a context where specifics might be inferred.
  - maxerickson 3y ago
    Not English, just looks like it. Assume meanings of words at your own risk.
- LastTrain 3y ago
  I have a feeling this one’s a bit different, the operating costs to keep that ball of one-off technology running have to be insane.
Satam 3y ago
Apparently it is a stock? https://www.google.com/finance/quote/SPHR:NYSE?sa=X&ved=2ahUKEwik8te-pbeCAxULSUEAHaxgCwcQ3ecFegQIJRAf https://www.google.com/finance/quote/SPHR:NYSE?sa=X&ved=2ahU...
LastTrain 3y ago
It is, which is why they have to report the loss. SPHR - let us know how it goes!
- jeffnappi 3y ago
  Fascinating, a brand new entity that effectively went public the day it began generating revenue. Are there other examples of this?
  - joezydeco 3y ago
    Pixar IPOed a week after Toy Story was released in theatres.
  - chollida1 3y ago
    > Fascinating, a brand new entity that effectively went public the day it began generating revenue. This isn't correct. THe stock has been public since 2020. It just happens to own the Sphere.
    - jeffnappi 3y ago
      Thank you for pointing that out. Also it was a spinoff of Madison Square Gardens which makes sense how it IPO'd pre revenue- https://www.sec.gov/Archives/edgar/data/1952073/000119312523084013/d357108dex991.htm https://www.sec.gov/Archives/edgar/data/1952073/000119312523...

You'd want to wait to be part of recapitalization after a reorg is required. The deal is made on the buy, not buying someone else's bags. EDIT: See gosub100's comment [1]. (not investing advice, educational purposes only) [1] https://news.ycombinator.com/item?id=38206727 https://news.ycombinator.com/item?id=38206727

nonethewiser 3y ago
Sure sounds like investing advice
- jon-wood 3y ago
  Yes, but they’ve said it isn’t, which is apparently sufficient even if you run an ad saying “InvestCo is great, you can make a ton of money from them [terms & conditions apply, you may actually lose money instead, not investment advice]”
  - maxerickson 3y ago
    It's a silly affectation rooted in lawyers commenting about a generality in a context where specifics might be inferred.
- maxerickson 3y ago
  Not English, just looks like it. Assume meanings of words at your own risk.
LastTrain 3y ago
I have a feeling this one’s a bit different, the operating costs to keep that ball of one-off technology running have to be insane.

Satam 3y ago

Apparently it is a stock? https://www.google.com/finance/quote/SPHR:NYSE?sa=X&ved=2ahUKEwik8te-pbeCAxULSUEAHaxgCwcQ3ecFegQIJRAf https://www.google.com/finance/quote/SPHR:NYSE?sa=X&ved=2ahU...

LastTrain 3y ago

It is, which is why they have to report the loss. SPHR - let us know how it goes!

jeffnappi 3y ago
Fascinating, a brand new entity that effectively went public the day it began generating revenue. Are there other examples of this?
- joezydeco 3y ago
  Pixar IPOed a week after Toy Story was released in theatres.
- chollida1 3y ago
  > Fascinating, a brand new entity that effectively went public the day it began generating revenue. This isn't correct. THe stock has been public since 2020. It just happens to own the Sphere.
  - jeffnappi 3y ago
    Thank you for pointing that out. Also it was a spinoff of Madison Square Gardens which makes sense how it IPO'd pre revenue- https://www.sec.gov/Archives/edgar/data/1952073/000119312523084013/d357108dex991.htm https://www.sec.gov/Archives/edgar/data/1952073/000119312523...