So Facebook is likely to go public next year at a $100 billion valuation. And this is the moment I became a grandpa who didn’t understand anything, because I can’t wrap my head around how a company made of people sitting at computers might be worth three times as much as, say, General Motors, a company that makes fuckin’ cars, with machines and factories and tools.
Facebook would be bigger than Disney, which makes movies and TV and has a fleet of theme parks with rides that could sometimes kill you. It’d be bigger than Amazon, which has warehouses full of stuff to ship.
Apple’s bigger. But Apple has factories. »