I totally get your point about growth and I invest in plenty of...

I totally get your point about growth and I invest in plenty of loss making 'growth' companies. Growth less yield stocks (ie utilities) have a much higher pe as they'll be around for ages. I look for growth, but also step back and think what's the potential. And with 1pg, it's pretty hard to see where they'll be (for me anyway). if you think in a few years they could be making $50m a year then it's a buy. Me, I'm not so sure.

I know there has been mentions of databases scaping. A database of profiles could be obtained (may be not to a billion) without a heap of fuss if you went on a wild scraping regime. I see value in deals and it's own coding/algorythm techniques rather than its database asset.

At least 1pg are monetising their assets. I believe twitter is below it's original imo price as now, people are asking 'billions may be using it, but after 8 years the revenue model is still weak'. It becomes a gamble where buyers hope the hype will push the price higher so they can make a profit rather than asking if the company will ever make a return to justify it's valuation. I actually see this being a problem for lots of stocks. Still plenty of money to be made buying and selling, no doubt. I did own 1pg but sold out.