What is the value of Wikipedia? Hard to value public goods, because the value of HN comes from its mods. I suppose if one must, start at whatever gains YC has seen on its investments during HN's lifetime, with some discount for the fact that ZIRP is unlikely to occur again and the future will not be like the past wrt the startup ecosystem. There is no guarantee a new owner would cultivate the same forum participants who might consider being a founder or employee of a YC portfolio company. The product is YC portfolio company stock; HN is machine to leverage curious, driven people as fuel for VC gains, with the consumer excess being brain tickles for the rest of us.
I think it would have to include YC itself so in the billions, or if one counts the portfolio then theoretically hundreds of billions but only YC's financial people could really answer that and even then the market would have to decide. HN is just a link aggregator and link discussion site under YC.
Atleast around 1B$, because it is a prime discussion place for tinkerers. It makes sense to be valued at around 2 cents worth compared to what twitter was
I have to disagree. In my opinion, there is no real way to monetize this in a way that the community would embrace. You might run ads or email campaigns for a year but I imagine most users would just go someplace newer or better. No way to monetize ultimately means no value.
There's nothing to be gained from selling the services of HN to you and me i.e. the general public but a buyer who can buy HN for 1B$ could set some fine tuning in place that suits their interest without changing the site as much. Like someone fine tune HN as an engagement metric among the HN for various product designs. It's a media outlet, those controlling it can have better use suiting their purposes, they don't have to sell it like film tickets to make money out of it
Twitter has about 40k times the daily activity of HN. If we assume Twitter has a value of 40b that would make hn valued at 1m which I think is still way way over valued imho.
I don't know if they're wrong. HN's primary utility is promoting YC's job openings and product announcements alongside the more important industry-wide news. Turn it into a generic link aggregator, and owning/moderating/updating the site might be more trouble than it's worth.
It is, but that doesn't bring value for the owners on its own. Something else has to exist on top, or you'd have to run the service and moderation on donations. The forum on its own has negative value.
https://www.lennysnewsletter.com/p/pulling-back-the-curtain-...
https://www.marketsentiment.co/p/the-yc-report
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