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alfiedotwtftoday at 1:01 PM5 repliesview on HN

FIFY: Google discloses $94B loss


Replies

minrawstoday at 1:15 PM

They didn't invest 94B$

But yes the stock could go down much further and I hope they are willing to show the losses if they can show this as gains today.

Imagine the next call being about how their 95$B went to sub 30B$..

Will that be a negative line item. I don't see the point in disclosing this stake as earnings.

But I do get that accounting was made as a tool for companies to show off.

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locallosttoday at 1:12 PM

It will be difficult since they acquired it for less than a billion 10 years ago.

https://www.theguardian.com/science/2015/jan/20/spacex-fundi...

passwordoopstoday at 1:11 PM

"The company’s marketable equity securities include $80 billion in shares subject to short-term restrictions and $14.1 billion subject to long-term restrictions"

Actually more like $14.1 and whatever value the other $80 is worth when they sell. Which is probably going to be worth well North of whatever is lost on the $14.1 B long-term... All part of the scam to inflate the value of the AI bubble

newscluestoday at 1:37 PM

hate makes people stupid.

formvoltrontoday at 1:12 PM

[flagged]

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