News for hackers. Stuff that matters.
Re:Lyft Files S-1 by untog on Friday March 01, 2019 @12:44PM (#19283360)
I'm making the point that when you look at both objectively rather than in comparison they are both absurd amounts of money.
Re:Lyft Files S-1 by throwawaymath on Friday March 01, 2019 @03:13PM (#19284816)
But you're injecting that point into a discussion about a different point as though it provides more insight. It's not particularly interesting; we get it, they're fabulously wealthy. But no one contested that, which is why several people are trying to explain that it's not what they were talking about.

An S-1 filing encourages relative financial comparisons by design and intention. It's not surprising that Lyft's founders are extremely well off now. What could be surprising is the degree of dilution they experienced. Those kinds of financial technicalities require us to engage in discussion that treats objectively fantastic returns in terms of relativities.

Re:Lyft Files S-1 by untog on Friday March 01, 2019 @03:36PM (#19285002)
We're about four replies deep into a conversation chain by now. I would have imagined that if people didn't want to talk about my original observation they would have simply not replied to it! "Interesting" is an obviously subjective term, I find the relative measures that Silicon Valley apples to wealth absolutely fascinating.
Re:Lyft Files S-1 by kolbe on Friday March 01, 2019 @01:17PM (#19283719)
If you had a billion dollars, would you immediately give away $900mm, since you appear to be arguing the difference is meaningless? Just because they're both a lot of money doesn't mean it's not important to the people who have said money.