Comment by YouWhy

2 months ago

The domain name is consistent with the name of one of the founders of the mentioned startup, Loom.

If you're running a popular company then people will easily have a good understanding of the ballpark of your net worth anyway

  • I'm not so sure. You can run it with 90% equity, or 10% equity.

    • in this case (given it was reportedly sold for $975m cash), that would mean your friends think you either have $877m or $97m (he reportedly net $60m, which means your most pessimistic friend thinks you have more money than you actually have?)

Yes, Loom is also mentioned by the author of the blog post.

  • How many new friends would look up what Loom was, though? This blog post was the first time I heard of it, so seems very unlikely that a random person would really care.

    • If the long-term CTO was your friend, you think you wouldn't hear about it? I generally have some idea about what my friends do professionally.