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I see no problem with investing in weed and prostitution if it is beneficial for all(impossible) or most stakeholders. Yes, Snapchat provides small incremental
by vdaniuk 13y ago
I see no problem with investing in weed and prostitution if it is beneficial for all(impossible) or most stakeholders.
Yes, Snapchat provides small incremental improvement of people's lives. But it does it for 25M users, mind that. And that incremental improvement is considered to be worth more 3B dollars. Why? Because you can attach a business model to that improvement and extract revenues. It is simultaneously filling pockets of some people and providing value for users. If you don't think that sexting is valuable, that is your personal opinion. Millions of people think otherwise.
- weland 13y ago> Why? Because you can attach a business model to that improvement and extract revenues. I don't think that is a reason to attach more value to something. I realize this is not everyone's opinion, of course.