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I could understand your logic if Twitter was a private company, but it's not. Wall Street demands strong quarterly growth and anything else is failure. So Twitt
by bitmapbrother 10y ago
I could understand your logic if Twitter was a private company, but it's not. Wall Street demands strong quarterly growth and anything else is failure. So Twitter trimming down to a profitable level only means that its stock is going to gradually decline as more and more investors pull out and reinvest their money into other companies that are growing.
The best thing for Twitter is to go back to being a private company and charting their own future and be free of what Wall Street wants them to be.
- fairpx 10y agoNot sure if I can agree with this. Let's pick a random well known public company. Nintendo. They've had their ups and downs and hurricanes of bad news etc. but never is 'selling the company' an idea that gets talked about. Instead, the story is 'what should Nintendo do to grow again. Invest more in mobile games?'. Resulting in feedback which the company now is pursuing. Twitter is a well known brand. Less glorious times need to be dealt with professionally. I understand there are people who'd rather make a quick buck. But the ones that should get the credits and praise in the media are those trying to put things back on track again.