3 ms·
Something is only worth what someone is willing to pay.
by paulhauggis 15y ago
Something is only worth what someone is willing to pay.
- slantyyz 15y agoExactly. Beyond everyone's need to rationalize why Facebook paid that much for Instagram, it's clear that Instagram is worth $1B to Facebook, because that's what they paid.
- IceCreamYou 15y agoThe relevant question is not "what is Instagram worth" but rather "what should it be worth." That is, we already know that Facebook values Instagram at $1B; the question is whether that valuation makes sense.
- slantyyz 15y agoBut "what should it be worth" can be debated until you're blue in the face and still have no real outcome. What Facebook paid is a fact, not speculation. For all you know, Google is kicking itself for not making a $2B offer to them, because Google Plus could use all the help it can get.