3 ms·I think he was referring to value, not liquidity.by brianobush 14y agoI think he was referring to value, not liquidity.larrys 14y agoI think it was pretty clear - "less money than they spent on Instagram" "money". Facebook didn't spend that in cash or most likely anywhere near that. Now if Space-x had invested 1% of their market and done this, the comparison would be fair.alanbyrne 14y agoI was.