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325 sats \ 8 replies \ @random_ 31 Oct 2023 \ on: Stacker Saloon
Almost 300k
That's very cryptic. 300k what?
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300k total posts/comments on this site.
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Ooph! Congratulations on the milestone.
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Each post/comment would need to sell for 30k sats for SN's VC investors to break even.
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Show the math
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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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We raised 1.55m. 5% at 6m post and another 5% at 25m post.
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We did it! 🥳
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