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The tech companies in question (e.g. social media) are not worthless, but they're almost certainly overvalued. Eventually, the market is going to realize this a
by Aethaeryn 14y ago
The tech companies in question (e.g. social media) are not worthless, but they're almost certainly overvalued. Eventually, the market is going to realize this and then they'll be undervalued for a while as a reaction.
It's probably going to go back and forth in cycles between overvalued and undervalued for a long time because no one really knows what the market value of an intangible digital asset is. Can anyone explain how much money the data in the Facebook databases are worth?
- firefoxman1 14y agoJust like anything else of value: whatever people are willing to pay for it.
- DDR0 14y agoExactly… but how much are you willing to pay for it? How much is it _worth_ to you, as a corporation? This too will fluctuate.