Re:Elon Musk’s SpaceX Is Raising Money at a Valuation Approa...
by pwnna on Tuesday August 19, 2014 @10:24AM
(#8197420)
Don't forget that Facebook's market cap is almost 200B...
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Re:Elon Musk’s SpaceX Is Raising Money at a Valuation Approa...
by imranq on Tuesday August 19, 2014 @10:30AM
(#8197457)
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.