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chammy
@chammy
53
Finance, Life, Philosophy
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2024-12-22 17:41
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chammy
LeoFinance
10M
RE: LeoThread 2025-11-15 22-27
Series D Date: June 2019 Amount Raised: $250 million Valuation: $4 billion (post) Series E Date: January 2021 Amount Raised: $155 million Valuation: $5 billion (post)
$ 0.000
0
chammy
LeoFinance
10M
RE: LeoThread 2025-11-15 22-27
More pain likely for investors long traditional venture software
$ 0.000
0
chammy
LeoFinance
10M
RE: LeoThread 2025-11-15 22-27
Valuation headwinds should intensify as AI scales, since many firms lean on claiming to be "AI enabled" instead of pursuing clean-sheet designs that could displace existing traction.
chammy
LeoFinance
10M
RE: LeoThread 2025-11-15 22-27
No claim about business quality is being made (the metrics below look strong), but it's observable that 2020–2024 venture rounds were an aberration, roughly 50% above sustainable levels.
chammy
LeoFinance
10M
RE: LeoThread 2025-11-15 22-27
The company's current valuation is under $4.3B, even though every fundraising round since 2019 priced higher.
chammy
LeoFinance
1y
RE: LeoThread 2025-11-08 01-19
The hope was expressed that at least one reader might feel motivated to begin changing their situation, acknowledging ups and downs while emphasizing ownership of the effort and advising to ignore pessimistic,
chammy
LeoFinance
1y
RE: LeoThread 2025-11-08 01-19
After a decade of personal effort, that post by Bernie would have been cheered in 2015, but it is now seen as manipulative, depressing rhetoric aimed at creating voter dependency. Those politicians are
chammy
LeoFinance
1y
RE: LeoThread 2025-11-08 01-19
When news arrived that Elon’s pay package was approved, a cheer happened in the car on the way home and 750 shares were voted in favor with a grin. If Elon is paid $1 trillion, multimillionaire status
chammy
LeoFinance
1y
RE: LeoThread 2025-11-08 01-19
Since 2019 many lessons about capitalism, wealth creation, and the difference between makers and takers were learned. Inspiration came from numerous builders and entrepreneurs on the platform, with some
chammy
LeoFinance
1y
RE: LeoThread 2025-11-08 01-19
chammy
LeoFinance
1y
RE: LeoThread 2025-11-08 01-19
A portfolio of 4,000 Palantir shares was accumulated at an $8 cost basis between 2021–2023, about $32,000 earned from intense grinding. Between 2023–2025 that $32,000 grew to over $400,000. In May 2024
chammy
LeoFinance
1y
RE: LeoThread 2025-11-08 01-19
chammy
LeoFinance
1y
RE: LeoThread 2025-11-08 01-19
Multiple jobs were taken on—three at one point. One job funded living expenses while additional earnings were invested entirely in Palantir. Despite 70-hour weeks and stretches of up to 60 days without
chammy
LeoFinance
1y
RE: LeoThread 2025-11-08 01-19
By 2019, after years spent as a miserable democratic socialist blaming others for personal unhappiness, a decision was made to stop that pattern and begin taking risks to change life circumstances
chammy
LeoFinance
1y
RE: LeoThread 2025-11-08 01-19
In 2015, a march was attended for Bernie and donations were made to his campaign
chammy
LeoFinance
1y
RE: LeoThread 2025-11-08 01-19
It matters who a wagon is hitched to. Socialist wagons have proven disappointing. A modern Thomas Edison makes for a much better one
chammy
LeoFinance
1y
RE: LeoThread 2025-11-08 01-19
Worth reading in full, but the key line is: If Elon gets paid 1 trillion dollars, multimillionaire status will be achieved
chammy
LeoFinance
1y
RE: LeoThread 2025-11-07 04-38
In a free society, incentives matter: removing profit incentives and fostering dependency undermines productivity, and making services “free” can make everything more expensive in practice
chammy
LeoFinance
1y
RE: LeoThread 2025-11-07 04-38
Voters who supported these ideas may later feel the pain but often blame the wealthy for leaving rather than the policies that prompted it
chammy
LeoFinance
1y
RE: LeoThread 2025-11-07 04-38
Overregulation can erode property upkeep—one rent-controlled resident described a pool filled with dirt, sagging floors, and a cracked foundation as maintenance became unaffordable
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