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> any valuation Really? You actually think Twitter has negative value as a company? They have real revenue. Fire everyone except a few dozen employees to main
by morgante 11y ago
> any valuation
Really? You actually think Twitter has negative value as a company?
They have real revenue. Fire everyone except a few dozen employees to maintain the core services/ads. That'll let you collect at least $100 million in profit.
At a valuation of <$1 billion, Twitter would be a bargain.
- MicroBerto 11y agoGood point, I used the wrong word there. Meant any valuation remotely near where they are. $12B? LOL no way. $1B, sure. I agree with your plan and would likely run the company like that -- except "just maintaining" a social network sounds like a long-term recipe for disaster too. The share price would also tank with that plan, which of course won't fly being a public corporation. This is why they're in such a rough place.