The Four

(Axel Boer) #1

“How Much Time Do People Spend on Social Media?” MediaKix.


If you believe that Facebook, at $420 billion, is overvalued, then
imagine if the internet privatized and charged per hour. This Internet,
Inc., the company running our digital backbone, then held a public
stock offering. What would 20 percent of Internet, Inc.—the typical
amount sold in an IPO—be worth? I think $420 billion is low.


Covet


We begin by coveting what we see every day.

—Hannibal Lecter
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