muzz
muzz on Hacker News
Also assumes he didn't sell shares previously, like if there was a tender offer when the valuation was $20B in 2015
How does the equity math hold up on that?
At $430B market cap he would have to have 0.5 to 1%, after dilution. Do "first ten" employees get that much?
Posted by
muzz on Thursday August 13, 2026 @05:24PM
from the businessinsider.com dept.
Posted by
muzz on Saturday March 21, 2026 @11:31AM
from the bloomberg.com dept.
Posted by
muzz on Sunday August 03, 2025 @05:59PM
from the noahpinion.blog dept.
But these seem to be two well-funded companies? I.e. both with $100M+ funding within the last 12 months
Posted by
muzz on Thursday June 05, 2025 @12:32PM
from the wired.com dept.
pg on X (formerly Twitter):
"It's a very exciting time in tech right now. If you're a first-rate programmer, there are a huge number of other places you can go work rather than at the company building the infrastructure of the police state."
https://x.com/paulg/status/1913338841068404903
How did the acquirer decide to pay a $2.85B for a company with only $200M in annual revenues? That's a whopping 14x.
Posted by
muzz on Sunday July 21, 2024 @11:23AM
from the wired.com dept.
Posted by
muzz on Sunday May 19, 2024 @10:32PM
from the techcrunch.com dept.
It's a designation on paper, essentially
Posted by
muzz on Thursday April 11, 2024 @06:31PM
from the theinformation.com dept.
Posted by
muzz on Wednesday March 20, 2024 @12:00PM
from the forbes.com dept.
Posted by
muzz on Tuesday March 12, 2024 @12:24PM
from the techcrunch.com dept.
The company that filed the patent didn't sue anyone. It died almost 2 decades ago. The entity that acquired the assets is the one doing the suing.
Posted by
muzz on Friday February 02, 2024 @08:17PM
from the reuters.com dept.
He seems to want both, and also a change in voting power would be illegal per the article:
"Musk then went on to say that he would like a dual-class voting structure similar to the one at Facebook that gives CEO Mark Zuckerberg control of that company but which would be an illegal restructuring post-IPO."
> Since Obama became president, all legislation basically needs 2/3rds of the senate to pass if it's remotely controversial and every tax change is controversial.
This is an odd way to mention (abuse of) the filibuster
Of 2017 technically, although it was passed right at the end of the year.
This legislation is colloquially known as the "Trump tax cuts"
Posted by
muzz on Thursday December 28, 2023 @10:39PM
from the vice.com dept.
Posted by
muzz on Saturday December 02, 2023 @06:22PM
from the maxread.substack.com dept.
Posted by
muzz on Monday November 13, 2023 @09:49AM
from the ft.com dept.
What exactly is the "abyss" you're referring to here?
Actual suffering mentioned in that hour-plus long interview: None.
A throwaway line that he's using to pat himself on the back.
Even if they mismanaged their cash to this extent, sometimes the VCs step up with the cash for this as a goodwill gesture.
Salaries in India have increased a lot-- they used to be one-tenth that of Silicon Valley but now they are more than one-third and closing in on one-half
Posted by
muzz on Saturday October 07, 2023 @09:44PM
from the axios.com dept.