>>the monetary valuation is supposed to reflect the human valuation I think this is a misunderstood or over-extrapolated assumption from liberal economics. Esp

>>the monetary valuation is supposed to reflect the human valuation I think this is a misunderstood or over-extrapolated assumption from liberal economics. Especially with the economics of free or very cheap services, I think revenue can be far more disconnected from total "utility" of a business. Massive online services generate a lot of uncultured utility and it's not unreasonable (within the liberal economic paradigm) to speculate that a move which captures more utility as revenue could generate less total utility, especially when you bring high risk/reward financial modeling into valuation. There are a lot of companies like you describe in the b2b generas. But services for consumers, especially those which are essentially communication services, seem to come up against this sell or grow pressure. I think twitter, Facebook, and many other services which sold at an earlier stage might have better served their "mission" as company's an order of magnitude smaller. Think of the impact wikipedia (a nonprofit, but I think it's relevant) has had. How could that value possibly be represented by revenue or valuation. Twitter is now under tremendous pressure to create a hyper-profitable advertising business to rival Facebook & Google. Twitter is now 4,000 employees and almost $2bn annual budget (growing at X 2.6 p/a) under pressure to turn twitter into a revenue machine within 12 months. They are employing armies of bizdev, ad sales and support to try and meet this goals. Does that kind of Twitter stand a better chance at value creation than an 800 employee Twitter with a $400k budget would have had?