News for hackers. Stuff that matters.

A comment on Now live for all: Substack Notes. Parent comment

Re:Now live for all: Substack Notes by nacs on Tuesday April 11, 2023 @05:34PM (#35531900)
The condo you buy with 30% of your net is going to be worth 30% or more later. That's a good investment.

Musk spent 30% of his net worth on it then immediatly burned 90% of the already questionable value it had.

What Musk did was just bad business.

[ Parent | on HN ]
Re:Now live for all: Substack Notes by wfme on Tuesday April 11, 2023 @09:14PM (#35533856)
> then immediatly burned 90% of the already questionable value it had

citation needed

[ Parent | on HN ]
Re:Now live for all: Substack Notes by dzhiurgis on Wednesday April 12, 2023 @08:57PM (#35549415)
BBC has some good sources
[ Parent | on HN ]
Re:Now live for all: Substack Notes by wfme on Wednesday April 12, 2023 @09:49PM (#35549813)
Hmmm seems that the most recent number is ~20bn [0][1], at least 5x the >90% number quoted by the parent.

[0]: https://www.bbc.com/news/business-65084254

[1]: https://twitter.com/ZoeSchiffer/status/1639737042828673024

[ Parent | on HN ]