• 3 Posts
  • 148 Comments
Joined 2 years ago
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Cake day: July 13th, 2023

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  • The value of a private company is a number that can be pulled from their ass, right?

    Before: there was an idiot that wanted to pay $54.20 for each of the 800 million publicly traded shares = 44 billion valuation even if the yearly earnings after all expenses (EBITDA) was only 680 million (data public, as required by sec) so the board sued that guy to force him to pay when backed down as that valuation was insanely high and the board would never get such a big golden parachute

    Now: we don’t need to publish financial data anymore but CEO says that the company is super profitable, valuation is back to 44 billion, trust us 😉













  • Couldn’t just the fucker try to be a decent person instead? He had the power to be one of the admired persons in history, but no, better to be Hitler 2.0

    Just set an ai bot in charge of his xitter account with the prompt “exclusively post wholesome content” and retire on a remote island with a top of the line ketamine lab built on a barge. Then give 0.01% of his wealth to a foundation that does some charity or something like that.