[raulus]

I think your mistake may be in trying to understand it. Some things defy understanding, in large part because they are as much about emotion as they are based on steely-eyed calculus.

But I agree with the general sentiments that sexy companies sell for more than staid ones. And that there are a large number of entrepreneurs who are more focused on getting the party started and then quickly moving on, leaving someone else to figure out how to make it work.