Slacker News Slacker News logo featuring a lazy sloth with a folded newspaper hat
  • top
  • new
  • show
  • ask
  • jobs
Library
← Back to context

Comment by Calavar

2 hours ago

Talk about market cap, especially meme stock maket cap, reminds me of that old XKCD comic on extrapolation. Market cap is what you get when you extrapolate the fair market value for the 1% of a company's shares currently on the market all the way out to 100%. But demand doesn't work that way - it doesn't scale linearly.

0 comments

Calavar

Reply

No comments yet

Contribute on Hacker News ↗

Slacker News

Product

  • API Reference
  • Hacker News RSS
  • Source on GitHub

Community

  • Support Ukraine
  • Equal Justice Initiative
  • GiveWell Charities