alt Hacker NewsWell, yes but not really.
I could buy a local sweetshop for a 100 billion dollars, just because I might do that, that doesn't mean it's actually worth that.
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wrs • yesterday at 8:20 PM
On the contrary, you would be demonstrating that, to at least one buyer, it was worth that. By definition.
I think the argument you’re really looking to contradict is this: if 1% of a company is worth $1B to somebody, then somebody would pay $100B for the whole company. That does not follow (and indeed the acquisition price of a company is almost never exactly its “market valuation”).
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onraglanroad • yesterday at 8:28 PM
Yes it's literally what it means. It was worth that to you (even if just to prove a point).
What else does worth mean?
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Razengan • yesterday at 8:23 PM
and just what the fuck is ""worth"" anyway
Real world example: someone just bought the first Ferrari Luce EV for $40M. Obv $600K starting price for that model was low!
https://www.reuters.com/business/autos-transportation/ferrar...