Discord raises $150M, surpassing $2B valuation
You know, this might be a linguistic nit, and likely not a popular one to mention on HN, but...<p>I find it awfully odd to use the word "surpassing" to describe valuation, given that valuation is a number on paper.  "Surpassing" is for something where there were expectations to exceed; or an arduous challenge overcome to the surprise of onlookers.<p>Valuation <i>is</i> an expectation; by definition it cannot be exceeded.  While running a company is surely arduous, the most interesting challenge and the place to surpass expectations is <i>not</i> in the board room where the valuation is decided; and whether the math is massaged to offer a valuation a few decimal digits above or below a nice round $2B is more a foible of those in the room than any real indication of... anything.<p>Odd phrasing, to say "surpassing" here.  It's numeric assignment.