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The number I cited was their claimed active users. I'm not sure why you consider $29 per human user a steal. There are two sides to a transaction--what you pay
by imagist 10y ago
The number I cited was their claimed active users.
I'm not sure why you consider $29 per human user a steal. There are two sides to a transaction--what you pay and what you get for it. What exactly do you think investors are getting for their money here?
- astrodust 10y agoJust compared to other industry metrics.
- jhall1468 10y agoSo you pulled it out of thin air?
- astrodust 10y agoNo. Look at the citations others have made within this thread. A rule of thumb is generally anywhere from $50 to $200 per head for social network type applications. See also: Facebook, MySpace, Instagram, etc.
- imagist 10y agoThat's exactly why we're in a bubble. "Because other people are paying even more" is a really bad reason to pay too much for something. But that's the entire basis of Twitter's price--it's people investing in Twitter because other people are investing in Twitter (and other such companies) with no concern for whether that investment will ever return a profit.