swlabr ( swlabr@awful.systems ) to TechTakes@awful.systemsEnglish · 2 years agoSF tech startup Scale AI, worth $13.8B, accused of widespread wage theftarchive.mdexternal-linkmessage-square8linkfedilinkarrow-up136file-text
arrow-up136external-linkSF tech startup Scale AI, worth $13.8B, accused of widespread wage theftarchive.mdswlabr ( swlabr@awful.systems ) to TechTakes@awful.systemsEnglish · 2 years agomessage-square8linkfedilinkfile-text
minus-squareswlabr ( swlabr@awful.systems ) OPlinkfedilinkEnglisharrow-up10·2 years agoIt’s probably worth 14B in the way a fire that you feed 14B of cash into is worth 14B
minus-squareSoyweiser ( Soyweiser@awful.systems ) linkfedilinkEnglisharrow-up8·2 years agoYeah 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.
It’s probably worth 14B in the way a fire that you feed 14B of cash into is worth 14B
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.