News for hackers. Stuff that matters.
Re:ByteDance investors value TikTok at $50B in takeover bid by runawaybottle on Wednesday July 29, 2020 @06:29PM (#23992287)
How much is Facebook projecting each user to be worth? I’m trying to figure out how the $662B valuation makes sense. Would love some insight into this, are they factoring in the propensity of the marketing industry to spend to come up with that projection?

Yeah, I think it’s overvalued by several hundred billion, which is scary dangerous when you think about it. That’s a bubble that tech might not be ready to reconcile.

There are no comments on this comment yet.