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How do you justify that price, though? It involves a whole lot of growth that isn't really there. Google and FB are probably the only companies that could turn
by jowiar 10y ago
How do you justify that price, though? It involves a whole lot of growth that isn't really there. Google and FB are probably the only companies that could turn Twitter profitable, but probably only at a point that justifies a sale price of around $15.
- harryh 10y agoA lot of people think that twitter could relatively easily be made profitable by significantly cutting engineering staff. http://brontecapital.blogspot.co.uk/2016/10/some-comment-on-twitter-buyout-rumours.html http://brontecapital.blogspot.co.uk/2016/10/some-comment-on-...
- duaneb 10y agoYea, people miss the fail whale.
- the_watcher 10y agoPretty sure that Google or Facebook could handle the scale Twitter operates at without the same headcount.
- duaneb 10y agoIf I had google behind me, I could also leverage ridiculous technology. Both are larger than I am (and twitter is), so this is not surprising.
- harryh 10y agoThe vast majority of current twitter engineers have nothing to do with keeping fail whales at bay.
- duaneb 10y agoIsn't that the whole point of hiring engineers? To keep your service running? It's not going to maintain itself.
- harryh 10y agoIsn't that the whole point of hiring engineers? No. If all twitter cared about was keeping the existing service running they could do it with 1/10th the current technical staff.