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A $4bn biz without a live product just broke the record for the amount paid for a domain name. WTF is going on?

DropBear

"if someone with 100 million followers shifted to Voice and brought with them 50 million followers"

Had a good LOL at that one - this is just another form of the classic "if only everyone..." fallacy. There never is an "everyone", for anything, ever, period. And the important thing is, that's the understatement of the century - actually, on the internet, there's never more that some small fraction. Take a look at a random video of a channel with millions of subscribers (viral hits excepted), some generous amount of time after publishing - it will not have even a tenth in views of the number of subs. Likes? Somewhere between a hundredth and less than a thousandth of the number of subs, even if almost nobody seems to be disliking it. I'm fairly sure there exists no internet celebrity who could mobilize anywhere near half of their "subscribers" (heck knows how many are still actually even listening) for anything more complicated than a click or a comment, even if they tried...

PS. Let's assume I'm not going to question why such a price was paid - but a price is a function of demand _and_ supply; why was it _that_ expensive in the first place...?

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