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And? Aside from the fact that that's not really true, what does it matter? Twitter already IPO'd, the original investors got their money back, now it's just own
by InclinedPlane 11y ago
And? Aside from the fact that that's not really true, what does it matter? Twitter already IPO'd, the original investors got their money back, now it's just owners. And it doesn't require a team of 4000 to operate twitter. It requires far fewer, and as time goes on twitter will generally just get cheaper to operate.
Twitter can easily bring in enough revenue to keep doing what it's doing indefinitely. And that's totally fine. But it's unlikely they're going to grow by 10x in a few years or pivot drastically. Yet those unrealistic expectations were built into the current stock price.
- kelseydh 11y agoThat shows the company is stagnating. Google's stock price would not be at where it is now if the company "just" stopped at search. It's everything else they kept pursuing that's allowed the company to reach stratospheric valuation heights relative to its real revenue.