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Comment by gsibble | Hacker News Reader

Personally, I want to know how much Y Combinator companies have lost in Market Cap in the latest route. Many are trading below their IPO prices and have lost a huge amount of value.

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You're looking for rout, not route :)

Though a bad one can lead to the other!

Whoops, my bad!

At a long enough time scale everything is below value because our star collapses.

Prove it

Hate to be pedantic but our star won't collapse it's not large enough for that, it will simply puff out and die leaving behind a very hot core called a White Dwarf

You're underestimating humanity's future potential to add more gas to our star!

Not at these prices.

Well, talk about anti-climatic!

Won’t the white dwarf be a smaller diameter than the sun?

That’s what I meant by collapse, but maybe in astronomy collapse means supernova?

The oldest company in the world is only 1443 years old (Kongo Gumi of Japan.) Most companies don't last a single human lifetime. It's completely besides the point to bring up things that play out over billions of years in that context. It's just trolling.

Pseudo-blasphemously, I immediately thought "Is the Catholic church older, and in some sense a company, selling salvation?".

Haha, yeah that raises some interesting questions about what a company is. I feel like you could look at it through that lens.

https://worksthatwork.com/3/kongo-gumi

Interesting that it started by building Buddhist Temples and has been building and maintaining them for that long. Cool!

There are other stars

There are a lot of good responses, but another is that these companies are all expected to pay dividends, do buybacks or liquidate some time between now and the end of the universe. Every stock contains that promise, or a chance of it, supplying the ultimate justification for a nonzero price.

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