3 ms·

It is for share holders.

• flukus 10y ago
  Profitable companies aren't bad for shareholders.
  • guelo 10y ago
    Hype > profits if you're trying to find the next sucker to sell your shares to. Especially for companies that don't pay dividends.
  • JumpCrisscross 10y ago
    > Profitable companies aren't bad for shareholders They are if the profits were greatly overestimated. Paying a billion for a dollar of profits isn't smart. Not to mention, Twitter isn't profitable. (They lose half a billion dollars a year.) About a month ago I said I'd find Twitter a possibly reasonable buy at a third its current valuation [1]. To make that work, a lot would need to change. And Twitter's current investors would surely lose. [1] https://news.ycombinator.com/item?id=12710784 https://news.ycombinator.com/item?id=12710784