this post was submitted on 03 Mar 2025
23 points (92.6% liked)

TechTakes

1666 readers
228 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
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 4 points 1 day ago (1 children)

@sc_griffith

They made $45 billion in revenue in 2023 ($1.3 billion net), so I'm sure that is a factor.

If you owned $219,000 in stock and grossed $45,000 a year, and had $31,000 in cash, could you borrow $16,000?

[–] [email protected] 2 points 1 day ago* (last edited 1 day ago)

I think it's more like $188,000 in stock, $31,000 in cash, annual pay of $45,000, and you currently have a $60,000 loan. the new loan would be an additional $16,000