325 sats \ 8 replies \ @random_ 31 Oct 2023 \ on: Stacker Saloon
Almost 300k
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336 sats \ 6 replies \ @bitcointerest 31 Oct 2023
That's very cryptic. 300k what?
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616 sats \ 5 replies \ @random_ 31 Oct 2023
300k total posts/comments on this site.
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336 sats \ 0 replies \ @bitcointerest 31 Oct 2023
Ooph! Congratulations on the milestone.
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5 sats \ 3 replies \ @nullcount 31 Oct 2023
Each post/comment would need to sell for 30k sats for SN's VC investors to break even.
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5 sats \ 2 replies \ @random_ 31 Oct 2023
Show the math
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26 sats \ 1 reply \ @nullcount 31 Oct 2023
300k posts x $10 (~30k sat) ≈ $3M funding (could be wrong on the $3M) This assumes the investors own 100% At a $25M valuation, the average post/comment would need to sell for 250k sats for investors to break even on their share. ofc, that's not how platforms are valued. but its interesting to compare the value created per post to the value of the platform. especially when the platform allows users to ascribe value to posts.
Reddit does >300k posts per day lol
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0 sats \ 0 replies \ @k00b 31 Oct 2023
We raised 1.55m. 5% at 6m post and another 5% at 25m post.
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0 sats \ 0 replies \ @k00b 31 Oct 2023
We did it! 🥳
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