Posts Tagged ‘Bloomberg‘

Star Trek Economics

I grew up watching “Star Trek: The Next Generation” (easily the best of the Star Trek shows). There’s one big, obvious thing missing from the future society depicted in the program. No one is doing business. There is almost no one buying and selling, except

The Fuzzy Math That Creates Unicorns – via Bloomberg

The numbers are sort of made-up. For the most mature startups, investors agree to grant higher valuations, which help the companies with recruitment and building credibility, in exchange for guarantees that they’ll get their money back first if the company goes public or sells. They can also