this post was submitted on 13 Dec 2024
49 points (100.0% liked)

TechTakes

1489 readers
36 users here now

Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

This is not debate club. Unless it’s amusing debate.

For actually-good tech, you want our NotAwfulTech community

founded 2 years ago
MODERATORS
dgerard@awful.systems
49
SF tech startup Scale AI, worth $13.8B, accused of widespread wage theft (archive.md)
submitted 1 week ago by swlabr@awful.systems to c/techtakes@awful.systems
8 comments fedilink hide all child comments
 

original link

you are viewing a single comment's thread
view the rest of the comments
[–] swlabr@awful.systems 10 points 1 week ago (1 children)

It's probably worth 14B in the way a fire that you feed 14B of cash into is worth 14B

[–] Soyweiser@awful.systems 7 points 1 week ago

Yeah that we just go "this is what the stocks are worth if we sold them all now" never feels correct as a valuation of companies for me. It is all so illiquid.