This is IMO a comical, absurd, Beeple NFT type situation, which should point us to roughly where we are in the bubble.
But if he's getting real, non-returnable actual money from Meta on the basis of a back of envelope calculation for his own startup, from Meta's need to satiate Mark Zuckerberg's FOMO, then good for him.
This bubble cannot burst soon enough, but I hope he gets to keep some of this; he deserves it simply for the absurd comedy it has created.
But if he's getting real, non-returnable actual money from Meta on the basis of a back of envelope calculation for his own startup, from Meta's need to satiate Mark Zuckerberg's FOMO, then good for him.
This bubble cannot burst soon enough, but I hope he gets to keep some of this; he deserves it simply for the absurd comedy it has created.