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   Charles U. Farley (freakazoid@retro.social)'s status on Tuesday, 05-Mar-2024 22:22:25 JST Charles U. Farley

   Do you ever stop to think about how market caps represent nothing at all? Just because some tiny fraction of something is trading at some price doesn't mean you can liquidate the whole thing at that price. Or even something remotely approaching that price.

   • clacke likes this.
   • Embed this notice
     Charles U. Farley (freakazoid@retro.social)'s status on Tuesday, 05-Mar-2024 22:22:28 JST Charles U. Farley

     in reply to

     • jimgon

     @jimgon Less wild when you realize that they represent the amount of money the VCs think they can fleece future investors, particularly the public, for.

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     jimgon (jimgon@hulvr.com)'s status on Tuesday, 05-Mar-2024 22:22:38 JST jimgon

     in reply to

     @freakazoid

     VC valuations are even wilder.

     clacke likes this.