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kleinbl00 · 3553 days ago · link · · parent · post: Uber basically hid its database key under a doormat and is now trying to subpoena the IP addresses for anyone who stumbled across it
But that was the whole problem back in '99: all these companies generated "value" without actually generating "profit." The economics "right then" was that people with no understanding of tech were swapping tech stocks with each other on the assumption that they would somehow magically generate money at some point in the future therefore they were valuable NOW. Imgur has like a quarter billion dollar valuation. Do you see Imgur returning a quarter billion dollars to anyone?