That's only true if it's overvalued. If it's undervalued, the price is determine... | Hacker News

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		bdr on May 26, 2009 \| parent \| context \| favorite \| on: $10bn - Is Facebook overvalued? That's only true if it's overvalued. If it's undervalued, the price is determined by the smartest person with access to a checkbook.

byrneseyeview on May 26, 2009 [–]

I guess the dumbest optimist, then. If all the idiots are pessimists, too, your case is valid. And that does happen.

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