He was a market maker where there was very little liquidity. Given that, all valuations in this world are subjective at best. He just made more liquidity than

He was a market maker where there was very little liquidity. Given that, all valuations in this world are subjective at best. He just made more liquidity than most, so the process of spitballing valuations became more focused on one individual doing it. Him. He just sprinkled in a little sociopathy to make it more beneficial to him.