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hn_throwaway_99 4 hours ago

Comments here are all arguing over the list without reading or understanding the methodology.

My biggest issue with the methodology is that it really only counts stock returns of people not including founder in excess of the T-Bill rate since the IPO. So companies, like Dropbox, that are less than where they were on IPO date give their founders huge negative value created for others, despite the fact that lots of people besides Drew Houston got rich as pre-IPO investors.

I still think the methodology is useful - collectively, every investor since the IPO into Dropbox has done pretty horribly. But that's also pretty obvious just looking at the stock price.

Obviously there are a billion different possible interpretations of what "wealth" could mean, but even if you only take the very narrow definition of "outside investor returns", this is only looking at post-IPO returns.