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Good on them--it's a wise choice to get out before the bubble pops. I've said before[1] that Twitter is the poster child for the tech bubble and that people's
by imagist 10y ago
Good on them--it's a wise choice to get out before the bubble pops.
I've said before[1] that Twitter is the poster child for the tech bubble and that people's opinion of Twitter is a good litmus test for people's understanding of the industry. It sounds like Twitter's management understands their position and is looking to get out while there are still people who think Twitter has value.
[1] https://news.ycombinator.com/item?id=12564298 https://news.ycombinator.com/item?id=12564298
- gjolund 10y agoI view twitter as a canary in the coal mine also. It will be interesting to see the consequences of a major drop in twitters valuation.