medvezhenok

50 ms·

511.
by medvezhenok 6y ago
> A small proportion of a big pie can be much more filling than a large proportion of a small pie. That works for pies, but not necessarily for human psychology. Rationally, yes, you'd prefer to have more in absolute value, but huma
512.
by medvezhenok 6y ago
https://accept.inc/ converts your mortgage approval into an all-cash offer. (Edit: looks like that's only for Colorado) The craziness going on right now is due to several factors: (1) all time low supply due to pandemi
513.
by medvezhenok 6y ago
There is also an interesting argument about crypto being a convenient drain for excess liquidity in the system (injected by the stimulus), which is why it's not being regulated too heavily. If stocks & crypto were less appealing, p
514.
by medvezhenok 6y ago
Sure - I agree; that was only the slice of the pie attributable to the extreme success (1%). There's also exits which are non-unicorn but non-trivial which probably bump that number up quite a bit. It's a tricky problem in the gen
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by medvezhenok 6y ago
Around 1% of seed-funded companies go on to become unicorns (>1B valuation). Total market value of unicorns ~$2T (~600 unicorns). So average unicorn valuation ~3.3B USD. Let's say you're the founder and your [ultimately diluted
516.
by medvezhenok 6y ago
Here is housing: https://fred.stlouisfed.org/series/CPIHOSNS House prices are simply bonds tied to rent value and interest rate and affected by certain demographic trends. The all-told carrying costs of a mortgage righ