In the same way that Craigslist is worth $5 billion only in Southpark’s theoretical internet dollars, Facebook’s ludicrous $15 billion valuation bequeathed to it by Microsoft is only valid using the same mocking currency. As if Steve Ballmer needs any more validation of his complete and utter buffoonery, Facebook insiders are valuing the company at [...]
As if dancing around onstage like a drunken buffoon wasn’t enough, Microsoft CEO Steve Ballmer followed it up by declaring that all media will be delivered over an IP network within 10 years. Though there are a ton of enormous ramifications to that prediction (ever read a book, Steve?), one of them is that there [...]