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← Too-high company valuations are dangerous for employees issued equity at those levels.
17 connected korrents · 17 moments on record from 28 Oct 2011 to 10 Sept 2026.
Everything filed under stock market
stock market
Everything filed under venture capital
venture capital
Everything filed under market efficiency
market efficiency
Everything filed under investing
investing
Everything filed under startups
startups
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management
Everything filed under America
America Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Too-high company valuations are dangerous for employees issued equity at those levels. Too-high company valuations are dangerous for employees issued equity at those levels. Last stated yesterday
10 Sept 2026
GO
Gergely Orosz — holds since 2026-09-10 — tap for who they are
Same subject: A company priced in the trillions is not thereby overpriced; the test is what revenues and margins that price actually requires. — tap to centre the map on it A company priced in the trillions is not thereby overpriced; the test is what revenues and margins that price actually requires. Last stated 9 months ago
3 Dec 2025
AD
Aswath Damodaran — holds since 2025-12-03 — tap for who they are
Same subject: The moment somebody offers you more, that is what you are worth — it is market evidence, and you cannot unsee it. — tap to centre the map on it The moment somebody offers you more, that is what you are worth — it is market evidence, and you cannot unsee it. Last stated 3 months ago
3 Jun 2026
KH
Kelsey Hightower — holds since 2026-06-03 — tap for who they are
Same subject: An employee’s startup equity grant is most likely worth nothing, because people overestimate both the odds of success and their own share of it. — tap to centre the map on it An employee’s startup equity grant is most likely worth nothing, because people overestimate both the odds of success and their own share of it. Last stated 15 years ago
28 Oct 2011
PM
Patrick McKenzie — holds since 2011-10-28 — tap for who they are
Same subject: A pay package that pays nothing unless the stock rises enormously is a good deal for shareholders, and most chief executives would refuse it. — tap to centre the map on it A pay package that pays nothing unless the stock rises enormously is a good deal for shareholders, and most chief executives would refuse it. Last stated 3 months ago
9 Jun 2026
BG
Bill Gurley — holds since 2026-06-09 — tap for who they are
Same subject: The banks earning the highest returns on equity before 2007 mostly went bankrupt, and earning less in the good years is what let JP Morgan survive. — tap to centre the map on it The banks earning the highest returns on equity before 2007 mostly went bankrupt, and earning less in the good years is what let JP Morgan survive. Last stated a year ago
16 Jul 2025
JD
Jamie Dimon — holds since 2025-07-16 — tap for who they are
Same subject: Enterprises buy from startups now because the risk of keeping the status quo has come to look larger than the risk of the startup. — tap to centre the map on it Enterprises buy from startups now because the risk of keeping the status quo has come to look larger than the risk of the startup. Last stated a month ago
31 Jul 2026
PC
Patrick Collison — holds since 2026-07-31 — tap for who they are
Same subject: About a dozen holdings captures nearly all the benefit of diversification; going to fifty adds almost nothing. — tap to centre the map on it About a dozen holdings captures nearly all the benefit of diversification; going to fifty adds almost nothing. Last stated 3 years ago
20 Feb 2024
BA
Bill Ackman — holds since 2024-02-20 — tap for who they are
Same subject: The worry that AI's returns are locked away in private companies is overstated: well under a fifth of American market capitalisation is private. — tap to centre the map on it The worry that AI's returns are locked away in private companies is overstated: well under a fifth of American market capitalisation is private. Last stated 3 months ago
4 Jun 2026
PT
Phil Trammell — holds since 2026-06-04 — tap for who they are
Same subject: A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for. — tap to centre the map on it A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for. Last stated 3 months ago
2 Jun 2026
MP
Mark Pincus — holds since 2026-06-02 — tap for who they are
Same subject: AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them. — tap to centre the map on it AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them. Last stated 3 months ago
18 Jun 2026
LT
Lip-Bu Tan — holds since 2026-06-18 — tap for who they are
Same subject: Burn rate is a measure of risk, and preemptive rounds push successful companies to raise it whether or not they need to. — tap to centre the map on it Burn rate is a measure of risk, and preemptive rounds push successful companies to raise it whether or not they need to. Last stated 3 months ago
9 Jun 2026
BG
Bill Gurley — holds since 2026-06-09 — tap for who they are
Same subject: Almost all of the dot-com era's exuberance turned out to be warranted; we remember the failures and forget the value that era created. — tap to centre the map on it Almost all of the dot-com era's exuberance turned out to be warranted; we remember the failures and forget the value that era created. Last stated a year ago
18 Aug 2025
BT
Bret Taylor — holds since 2025-08-18 — tap for who they are
Same subject: Cash transfers are the index fund of development: the benchmark every actively managed aid programme should have to beat. — tap to centre the map on it Cash transfers are the index fund of development: the benchmark every actively managed aid programme should have to beat. Last stated 12 years ago
14 Mar 2014
CB
Chris Blattman — holds since 2014-03-14 — tap for who they are
Same subject: Losing money periodically is a normal part of owning stocks, not a sign that something has gone wrong. — tap to centre the map on it Losing money periodically is a normal part of owning stocks, not a sign that something has gone wrong. Last stated 2 weeks ago
27 Aug 2026
BC
Ben Carlson — holds since 2026-08-27 — tap for who they are
Same subject: Stocks sustained by persistent online attention can stay overpriced for long periods, so overvaluation alone does not imply a near-term correction. — tap to centre the map on it Stocks sustained by persistent online attention can stay overpriced for long periods, so overvaluation alone does not imply a near-term correction. Last stated 4 years ago
25 Jul 2022
NS
Noah Smith — holds since 2022-07-25 — tap for who they are
Same subject: Technology has made markets less efficient at long horizons rather than more efficient. — tap to centre the map on it Technology has made markets less efficient at long horizons rather than more efficient. Last stated 2 years ago
3 Sept 2024
CA
Cliff Asness — holds since 2024-09-03 — tap for who they are
Same subject: The efficient market hypothesis is at best a very lossy heuristic — tap to centre the map on it The efficient market hypothesis is at best a very lossy heuristic Last stated a week ago
4 Sept 2026
NF
Nat Friedman — holds since 2026-09-04 — tap for who they are