One year after being bought for $44 billion, X is worth $19 billion
Company is giving employees equity based on a share price of $45.
You're viewing a single thread.
Is it, though?
Its a digital message board on some overpriced servers.
Is this the wikipedia-argument back at him? The whole twitter post history could fit on a single hard drive, so why are people paying for it?
That argument is unfair anyway, cause what fits on a hard drive gets bigger every year.
No it’s completely fair because the value of information deflates as we gain better ability to store it! /s
And there's endless examples of a small well ordered thing being far more expensive than essentially the same thing less ordered in bigger volume - a room full of carbon dioxide, a bag of coal, a diamond...
Considering that almost every public lib continues to use it, there is something to it, even if only the network advantage.
And a lot of consumers on it
