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Economists and markets define the value of something as whatever someone will pay for it today. Successful parents and sage founders define value differently.
by wombatmobile 5y ago
Economists and markets define the value of something as whatever someone will pay for it today.
Successful parents and sage founders define value differently.
They don't see dollars. They see sense.
- techbio 5y agoThis is the definition of value I am familiar with--whatever the buyer will pay. I am unsure what colloquial definition GP refers to as the counterpoint. Surely you aren't both suggesting sense and dollars are non-overlapping?
- wombatmobile 5y ago> Surely you aren't both suggesting sense and dollars are non-overlapping? The difference is the perspective of time. A quick buck versus a strategic investment. e.g. What made sense to Page and Brin in 1998 - the algorithm that would become famous as Page Rank, had only a trivial market value at the time, whilst Yahoo was "worth" billions.