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Facebook is an amazing success as a social network. Anyone who can get 500 million people to connect, share photos, and click on little cows in Farmville deserves major kudos. But the bullshit monopoly-money valuation merry-go-round has to stop. It’s getting beyond ridiculous and when even…
CHICAGO—September 24, 2009—37signals is now a $100 billion dollar company, according to a group of investors who have agreed to purchase 0.000000001% of the company in exchange for $1. Founder Jason Fried informed his employees about the new deal at a recent company-wide meeting. The…