A quick question about the valuation:
Six days ago [1] we got an article where the most popular comment was this:
"I'm amused by it. It's a transfer of wealth from shareholders of those companies to founders and VCs. These are also the companies with dual class shares designed to keep control in the founders' hands. They all say it's to be able to focus on the long-term, but really it has bred empire building and poor stewardship of the shareholder's capital."
Since is Andreessen is in the board of both companies [2], do you think we are seeing an example of this problem?
(In finance-ish words, the problem would be that Facebook is doing "empire building". Usually the board is the defense against this, but if the directors own large interests in the potential targets, that may not happen)
[1] https://news.ycombinator.com/item?id=7430152 [2] http://blogs.marketwatch.com/thetell/2014/03/25/marc-andrees...