4 ms·
Twitter is likely profitable
by ivankirigin 17y ago
Twitter is likely profitable
- jacquesm 17y agoBeing profitable is not enough reason to go public. Plenty of businesses are profitable, and plenty of them more so than twitter, and they're definitely not all going to be public companies, in fact that makes sense for only a very small percentage of them.
- Retric 17y agoThere are 3 reasons to go public. You either need a lot of liquidity, a lot of capital, or you want to maximize the sales price at the peak of your hype. IMO, twitter going public without dramatically expanding what they do would be a great indicator of a bubble on the way.
- pyre 17y agoprofitable != immune to hype/overvaluation
- axod 17y agoHaving 'deals' with microsoft and google isn't safe profitability IMHO.