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Jay Trading: $NFLX Q2 earnings, The Blueprint E2: when to quit your job, + more | E1513
This Week in Startups
The Value of a Social Net Company Is 600 Million Dollars.
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The social net working space is being valued at 600 million. There's two reasons why these companies get valued this way. Number one, markets like both v c private and public markets love growth. And so that means even if you pay a little bit more here, because it's doubling every year or tripling every year in usur bas quadrupling every year,. It's a pretty great bet. Maybe yo, pain o mebhow it works? I think they geve valued so idiculously, assume because they have growth virality. Yo, no reality, right? Just wai yon virality. It is unstoppable.
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