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This article introduces the concept that most things we buy has two prices: the first price, usually monetary, to acquire the item, and the second price, which is the effort and initiative required to actually use and benefit from it. The author argues that…

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tg-me.com/by_limboy/340

Create: 2025-01-12
Last Update: 2025-04-24 15:39:03

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Date: 2025-04-24| telegram

Mr. Durov launched Telegram in late 2013 with his brother, Nikolai, just months before he was pushed out of VK, the Russian social-media platform he founded. Mr. Durov pitched his new app—funded with the proceeds from the VK sale—less as a business than as a way for people to send messages while avoiding government surveillance and censorship.

The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.