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hbrn • yesterday at 10:43 PM • 1 reply • view on HN

Measuring ARR based on 7 days of data is beyond stupid.

You can create a company with 2B shares and sell one share to your friend for $1000. Lo and behold, you own $2 trillion dollar company, leaving Elon behind.


Replies

qlte • yesterday at 11:12 PM

Especially for a company still in their 15 minutes of fame that could very plausibly turn out to be a one hit wonder and a trivia question in two years.

Multiplying out revenue from the peak of their mini hype cycle while a dozen well financed competitors target them directly seems extremely optimistic.

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