

Stock market as a whole is…okay I guess. These one-off, bulletproof companies are silly. It’s almost a religion and the people who hold the stock truly believe that Tesla is going to make automatic cars that will drive everyone while also making autonomous robots that will do everyone’s laundry and the current problems are nothing compared to the beliefs in the future. The value will hold until it doesn’t (eg, they finally need the money for today’s bills in a recession that cost them their jobs), and then the value will plummet to something that actually looks normal for the sales they are making at this time.
Until they need their money, they have the unshakable belief they will all be millionaires as soon as Tesla comes out with the world changing techs and has no competition. Should be any day now. Or maybe in 2 weeks.
Facebook was fine at first. I remember excitedly hearing that my school was added to the list of approved schools to get a Facebook account.
Not sure if problems started when it was expanded beyond just listed colleges, or if it was just the public stories or wall or whatever it’s called.