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by paulcole 1287 days ago
> Paying $1B for a site that should cost $50M is 'hoodwinked'.

That’s not being hoodwinked either. If you’re happy to pay $1B for something and get that thing, then that’s your fault for not shopping around for a better deal.

Bernie Madoff and SBF hoodwinked people. Somebody charging a premium for their services and getting willing customers isn’t.