. >>> sticking with meta, let's bring in chief cnbc contributor nilay patel.e sentiment in recent months, meta is suddenly a growth story with a nice value underpinning in the words of mack mahaney earlier on the show do you agree, or do you think there are cracks investors are maybe overlooking right now? >> i think there's some cracks, the numbers, users numbers in particular are in that range where, you know, a good and smart facebook product manager can send notifications around the world, and make those numbers kind of go any way they want so i think there's a little of a story there. in that, you know, the user growth is kind of baked into the stock already before earnings, they beat them, facebook is very good at being conservative and beating expectations in these moments of crisis. the real story is on the earnings call, when mark zuckerberg said i think we're setting ourselves up with metaverse for a great story in 2030, which is a long time away. and he's spending a lot of money. he's at 17,000 employees working on ar and vr and right now the proble

nilay, thank you nilay patel. >> always a pleasure. >>> we're going to get to the valuation piece of this. $54.20 the right price for twitter? and if musk walks away, what is the right price then here to discus nyu stern school of business professor also known as the dean of valuation it's great to have you on a day like today simple question, is that the right price? i know that many have pointed to the fact that it was higher, almost $80 last year, but over five years, the price starts to make a little more sense >> and i know at the moment this story is more political story than a business story, in my view you tell me which side of the red/blue divide you're on, i can tell you what you think about this particular -- at least potential deal but i want to talk about twitter as a business. nine years ago when twitter went public, i valued it and the story it told about twitter is it's got lots of users and can't figure out yet how to monetize them nine years later, that's exactly the same story this is a company that is stuck on the same story for nine years which tells me that eith