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"cynicism"

Because it's a boatload of money. Over twice the value of HP and almost half the value of Walmart. Slightly higher market cap than Amazon. It's absurd.

I think there is plenty of reason for cynicism. And I didn't know that HN readers were supposed to all be cut from the same bolt of cloth.

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Agree with your first statement. But there is quite a reason for that - Zuck succeeded at making FB a brand people like and are emotionally bound to. Every entrepreneur should aim at that. Hackers are often low on emotion (so is said to be Zuck also), but they succeeded at that. That's why everyone is so crazy at that IPO and letting all reasonnable calculations go.

Well said.

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