Even when I feel some fear about how low is STEEM price, one thing is clear in the Ned response, Steemit Inc. is not STEEM, means the price could be 0.001 and Steemit Inc. could still be alive.

Also, I think Ned is possibly one of that guys that got a lot of money in the 2017 crypto bubble, so if he loves this project (I think he does) everything will be fine.