Comment

Comment by araes

So, they're suing Anna' Archive for $13T...

  - The combined market cap of NVidia ($4.35T), Apple ($3.88T), and Google (Goog, $1.9T+Googl, $3.62T) shares combined.
  - An amount larger than Every world stock market on Earth, except the NYSE and NASDAQ (the next closest is Shanghai at $9T)
  - ~5 months worth of all trades (market volume) on the NYSE ($2.685T/month)
  - ~1/10th of ALL world stock markets market capitalization.
  - ~1/2 the United States yearly Gross Domestic Product
  - 130x Spotify's own market capitalization (total stock value outstanding)
  - ~766x Spotify's own yearly revenue for 2024 ($16.96B)
Just sue them for a gazillion quadrillion dollars or something. "Yes, judge. We estimate our damages at 1/10th of the entire world stock market, or approximately half the United States total economic output" Be difficult not to laugh at these people.
parent araes 9 months ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton