Hacker News new | ask | show | jobs
by trvlngwlbry 5155 days ago
This situation presents an interesting contrast with that of Instagram. Here you have a site generating revenue - and more importantly profit - that is on sale for 0.00048 the sale price of Instagram... and then gets absolutely skewered in the comments for suggesting such an amount. Obviously, the purchase of Instagram comes with much more than simply a maintenance-free website and some paying customers. I'm not saying that Instagram is or is not worth $1B or that Sortfolio is or is not worth $480k, I'm just saying there's probably an interesting nugget hidden in this contrast that says something about what we value these days.