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>> To put into context, how much do you think a telco company with 26 million US customers is worth? 26 million free users vs 26 million customers paying $50-1
by nathan_long 13y ago
>> To put into context, how much do you think a telco company with 26 million US customers is worth?
26 million free users vs 26 million customers paying $50-100 a month is apples and oranges.
On the other hand, from the article: "As long as I can sell it to someone else for more in six months, who cares what it's really worth?" It might be argued that it's "really worth" whatever you can sell it for. It's not crazy to buy a baseball card for $100 if you can sell it for $150. Why is stock different, except that it's more volatile?