• UnderpantsWeevil@lemmy.world
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    8 months ago

    A company with a few thousand active users who has a multi-billion dollar valuation, yes.

    The fact that it could lose $4B in market cap tells you how absurdly overvalued that knock-off Mastadon instance has become. Trump did the equivalent of opening a Discord channel and listed it on the NYSE for a comically high value.