You make a great point, Twitter's revenue has been growing for the last five years. The market cap of Twitter is supposed to reflect its future value and this i

You make a great point, Twitter's revenue has been growing for the last five years. The market cap of Twitter is supposed to reflect its future value and this is where things get complicated. With a no longer growing user base, limited additional real estate to show ads, strong 3rd party ecosystem which doesn't display ads, they're in a much tougher position than they were 3 years ago.