Hacker News
points by cma 3 days ago | 0 comments
> You dont buy companies that make negative amounts of money and are newer than you.

Someone go back in time and warn Zuckerberg not to buy Instagram

[–] 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