Thursday, July 24, 2014

The powerful economic principle behind Yo

Marc Andreessen Chip Somodevilla/Getty Images

A lot of people have been making fun of Yo, a smartphone app that allows users to send each other messages with no content. But in a tweetstorm today, Marc Andreessen pointed out that Yo actually fits a long-standing pattern. And he thanked naysayers whose mockery, he said, keeps prices low for investors like him.

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