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"Apple doesn't really mean a thing to this town"

“Here in this once-thriving town of furniture makers and textile mills, where Main Street businesses have vanished, nearby fast-food joints have closed and unemployment is rampant, government officials have lined up behind a flashy digital answer to all the heartache: The cloud.”

Guest Post: The Laugh Test

What does it really mean when a company IPOs at a valuation of $2 billion? It is easy to get lost in the big numbers when we can’t visualize what it means. Using relative valuations can be a big help. I make it into a game.