Comment by lurk2 Comment by lurk2 9 hours ago 3 replies Copy Link View on Hacker News If you use someone else’s money you have to pay him back with interest or equity.
Copy Link re-thc 9 hours ago Collapse Comment - > you have to pay him back with interest or equityThat's the price for infinite scaling. If a business can't make more than that it should be shut down.i.e. do you want to make 25% of 1 billion or 5% of 1000 billion? Reply View | 2 replies Copy Link lurk2 5 hours ago Parent Collapse Comment - The point the great-grandparent is making is that Google could comfortably finance the project itself and make 100% of the upside, not 25% or 5%. Reply View | 1 reply Copy Link re-thc 4 hours ago Root Parent Collapse Comment - And the point here is borrowing more money increases available funds for bigger rewards. Google can fund 1 Waymo but not an infinite amount of them. Reply View | 0 replies
Copy Link lurk2 5 hours ago Parent Collapse Comment - The point the great-grandparent is making is that Google could comfortably finance the project itself and make 100% of the upside, not 25% or 5%. Reply View | 1 reply Copy Link re-thc 4 hours ago Root Parent Collapse Comment - And the point here is borrowing more money increases available funds for bigger rewards. Google can fund 1 Waymo but not an infinite amount of them. Reply View | 0 replies
Copy Link re-thc 4 hours ago Root Parent Collapse Comment - And the point here is borrowing more money increases available funds for bigger rewards. Google can fund 1 Waymo but not an infinite amount of them. Reply View | 0 replies
> you have to pay him back with interest or equity
That's the price for infinite scaling. If a business can't make more than that it should be shut down.
i.e. do you want to make 25% of 1 billion or 5% of 1000 billion?