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You are apt to be wrong.


More (content inside the brackets than) out!


But at least the most important part is right (the brackets are correctly balanced.


If I could downvote this comment, I would.


> brother’s wives posting about their kids and stuff like that

Either that is a misplaced apostrophe, or you are revealing more about your family than you intended! Punctuation is important :)


Blue was taken


Isn't it odd to think that one day, there will be a top post on Hacker News: "Alien Life Discovered on Nearby Planet (430 points)".


Right underneath “10 Reasons why Git 3.7 is going in the wrong direction (583 points)”


One would like to think that it would get more points than that :-)


But if it gets more than 430, it will have 430 at some point.


Peak pedantry - I love it


It depends if it's the same day apple announces their new iPhone


For sure would get more points than 430 haha


That's not how business works.

- Corporate tax vs. individual tax - Deferred tax assets - Sum-of-the-parts valuations - Internal project NPVs > NPV of investments available to an investor


> Then we got a YC interview and were rejected for what (I think objectively) was a pretty random reason

I don't think you can expect to be completely objective/unbiased in this kind of situation...


> But it seems unfair to hold Tether up to a higher standard than even our most established banks.

You mean standards held on banks that are insured/backstopped by the government, have mass-adoption amongst the vast majority of the population, are regulated, and have disclosure requirements through securities regulators?


"Enterprise Value" is one of the legitimate measures of company size, and is defined as market capitalization + net debt.

You can think of this as equivalent to the size of the company because it would be the amount of money you'd need (roughly speaking) to buy the entire company outright.


Don't forget to subtract cash in the EV formula. Otherwise you could take out a gigantic loan and magically get bigger, when really all you've done is shuffle some money from debt into cash.


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