Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on Jet.com’s Valuation Nears $600M Before Launch. Parent comment
This is a common misconception. They are not "worth" $600M just because investors put a little money in at that valuation.
Buying 10% of an old car for $60M doesn't make it worth $600M to anyone.
This is a common misconception. They are not "worth" $600M just because investors put a little money in at that valuation.
Buying 10% of an old car for $60M doesn't make it worth $600M to anyone.