News for hackers. Stuff that matters.
Re:Y Combinator narrows current cohort size by 40%, citing d... by huijzer on Wednesday August 03, 2022 @04:30PM (#32336347)
Although Warren Buffet isn’t the richest, he surely can buy things with cash. In his last annual report, Berkshire reported 33 trillion in cash if I remember correctly. They didn’t find anything interesting to buy for a fair price so then they’ll just sit on their hands.
Re:Y Combinator narrows current cohort size by 40%, citing d... by SahAssar on Wednesday August 03, 2022 @05:04PM (#32336652)
33 trillion would be more than the current US debt. It'd be more than 10 times the market cap of the most valued company. It'd be more than the combined market cap of the 100 most valued companies globally (seems to be at around 32 trillion for all of them).
Re:Y Combinator narrows current cohort size by 40%, citing d... by kwere on Wednesday August 03, 2022 @04:48PM (#32336502)
BRK had a liquidity of $144 billion at the end of 2021