Google overpaid for Youtube, for sure. Facebook could have negotiated harder for Instagram but 600M or 1B doesn't make a huge difference for a giant like them.

Google overpaid for Youtube, for sure. Facebook could have negotiated harder for Instagram but 600M or 1B doesn't make a huge difference for a giant like them. Facebook also paid 20B for Whatsapp which is nuts. The thing with Musk is that it's his modus operandi, meaning divorcing his net worth from the real and tangible impact of the company he is at the helm of. He has done it again and again, when he perceives that he has a bigger fool ready he offloads the overpriced equity and bails. He'd do it again , only problem Tesla is so big in terms of market cap that the bigger fool at this point can only be the Federal Government. Some people in here excuse him because it's exactly what they want to do too. Creating a startup, hype it up and sell it to a Forbes500 company who'd overpay for it and would then kill it off