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Ep. 276 - Digital Minimalism +The Importance of Deep Work with Cal Newport

Almost 30

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Facebook Is Worth Twice ExxonMobil

Facebook is worth twice ExxonMobil, but it's entirely dispensable. Never in the history of American commerce has there been companies that are so valuable from a just market cap perspective and were also so dispensable in people's lives. The business model of something like Facebook or Twitter is not fundamental. So what they're essentially doing is something that terrifies people like me that were sort of early internet boosters and internet geeks. We have a completely democratized internet that allows anyone to express themselves.

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