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This all sounds like the downfall of taking massive investments and going public. They are under pressure to keep growing at a high pace. In reality maybe they
by spo81rty 11y ago
This all sounds like the downfall of taking massive investments and going public.
They are under pressure to keep growing at a high pace. In reality maybe they have grown about as far as they can go. They have substantial revenues and what should be a very profitable business as is.
But will the pressure to grow due to maintaining a high stock price kill them?
- rubidium 11y agoThey and Pandora. You could probably make quite list of "companies that could be great and nicely profitable except that investors want it to try and be mega-huge".
- spo81rty 11y agoTwitter has almost $2 billion a year in revenues and 60%+ gross margins. They should be or could be very profitable.