It's more like: I have a box with $5 and you have a box with $5. We agree to mer... | Hacker News

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xandrius 42 days ago | parent | context | favorite | on: xAI has acquired X, xAI now valued at $80B

It's more like:

I have a box with $5 and you have a box with $5. We agree to merge our boxes into one and now we both have 1 box with $10.

Plot twist: me and you are the same insane person.

Munksgaard 42 days ago [–]

Also, you don't actually have $5 in either box, but you once sold a 1% ownership stake in each box for 5 cents. There's only 10 cents in the in the merged box, but you value it at $10.

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