News for hackers. Stuff that matters.

jasonkilkner

Joel's really vocal about Yahoo!Answers, which is not fair to Yahoo!Answers. It's a huge site that caters to a broad base of users: take this question from a user

Why do universities cost more than community colleges? http://answers.yahoo.com/question/index;_ylt=AukI2XODG.mO_QE...

It's just a question, picked from the front page.

It's a legitimate inquiry. I don't see a "what do penguins eat?"

More important question is what is Joel Smoking? What are his investors smoking? To let him make such off the wall assumptions.

It's not fake, people actually trade privately held shares on there. Significant amounts of privately held facebook shares have been bought and sold there and hence it's one of the sources of valuation.

He is right to say so though. I don't know about SO being worth 8 or 9 figures, that's very comical. If you don't think so, then I have a one way first class ticket to reality that i'd like to sell you for $4,200.