points by lifeisloving 3 days ago | 0 comments
Huh?
No.
Neither of these companies made money, the podcast nobody watches literally made more money than the 6 billion dollar device company.
You dont buy companies that make negative amounts of money and are newer than you. No idea where you got that idea.
[–] cma 3 days ago
[–] lifeisloving 2 days ago
Do you pay six billion dollars for a device company that has no product or customers? Instagram had a large user base..
Sorry I forgot, you cant challenge the judgement of billionaires on this site.
[–] cma 2 days ago
I'm just giving a direct counterexample to your rule, not evaluating this purchase
Someone go back in time and warn Zuckerberg not to buy Instagram