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> Twitter undeniably provides value that is impossibly difficult to quantify by any widely-used economic metric (e.g. share price) Twitter has an 11 billion m
by cloudjacker 10y ago
> Twitter undeniably provides value that is impossibly difficult to quantify by any widely-used economic metric (e.g. share price)
Twitter has an 11 billion market cap. The "share price economic metric" values the company at 11 billion dollars. There is nothing wrong that.
Because it doesn't trend upwards it is hard to see the value? There are 4,000 employees dumping their newly authorized stocks on your mom's 401k every single day in exchange for cash. The market still retains an 11-figure valuation for Twitter because there is enough demand for the shares.
First you got to look at who is making money here.
Second you have to look past Twitter's consumer facing product. They have massive infrastructure and massive data and they offer plenty of products from that.
Think about how many little SaaS startups could be inside Twitter hidden beneath that 11 billion market cap. The projects are there, the clients are there.
- ben_jones 10y ago> Think about how many little SaaS startups could be inside Twitter hidden beneath that 11 billion market cap. The projects are there, the clients are there. And before they closed down their API those products were actually being built...
- cloudjacker 10y agobecause they realized they could make bank selling the promise of those services themselves