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> Also, when FB acquired Instagram in stock and cash, its own valuation was around $50B. Now it is 8 times that. An in the not so distant future it will be a f
by bigbugbag 10y ago
> Also, when FB acquired Instagram in stock and cash, its own valuation was around $50B. Now it is 8 times that.
An in the not so distant future it will be a few orders of magnitude less. That's how stock market bubbles work, they inflate in a silly manner then burst leaving the rich richer and the others with grains of dust and suicidal tendencies.