What's Up with Start Ups

The transcript discusses the valuation of social media platforms, suggesting that their worth is not based on revenue or profit but on the value of users and the time they spend on these platforms. Examples like Twitter, Tumblr, and Instagram illustrate this point. The speaker expresses concern about the future implications of valuing platforms over the products created with them, using an analogy of buying concrete instead of valuing the structures built with it.

What is the main argument about the valuation of social media platforms in the first section?

• They are valued based on their liabilities.

• They are valued based on the acquisition of human lives.

• They are valued based on their physical assets.

• They are valued based on their potential revenue.

Why does the speaker find the valuation of Twitter puzzling?

• Because it has a lot of physical assets.

• Because it generates significant revenue.

• Because it doesn't seem to do anything.

• Because it has a high number of liabilities.

What is highlighted as the true value in the sale of platforms like Tumblr and Instagram?

• Their physical assets.

• Their user base and the time spent by users.

• Their potential revenue.

• Their liabilities.

What concern does the speaker express about the future of platform valuation?

• That the content created on platforms will be ignored.

• That physical assets will be overvalued.

• That liabilities will increase.

• That platforms will become less valuable.

How does the speaker compare the valuation of platforms to concrete?

• Platforms are like concrete, not necessary for building.

• Platforms are like concrete, easily replaceable.

• Platforms are like concrete, valued more than the structures built with them.

• Platforms are like concrete, essential but undervalued.