2 ms·
The reason facebook is worth that much is because its network effects have been realized. The social utility of 1 person on a network is nothing, but with 1 bil
by imranq 12y ago
The reason facebook is worth that much is because its network effects have been realized. The social utility of 1 person on a network is nothing, but with 1 billion it's incredible.
Humans can't perceive exponential effects intuitively and on the scale of SpaceX its almost impossible.