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While I concur with above, I think investors should have the option. I suspect that the parent was referring to Twitter having a string of issues since IPO. Ove

While I concur with above, I think investors should have the option. I suspect that the parent was referring to Twitter having a string of issues since IPO. Over the 3 years they have faced significant problems like leadership change, product, revenue, m&a and this brain drain. Twitter is an example of a company that has had poor performance and may have been to immature to go public.

elastic_church 10y ago
> Twitter is an example of a company that has had poor performance and may have been to immature to go public. What exactly do you expect of companies that go public? What you wrote, and seemingly reflective of a common sentiment, is an extremely loaded statement of what anyone should expect of "glorious publicly traded unicorns". Unless Twitter committed fraud by not disclosing something, then there should no really no other expectation or aberration in their publicly traded status. The banks, board and the CFO priced the shares and they've been printing money for all their employees using the deep liquid market that all these people fawning over tech companies perpetuate. So I'm a little confused at what is so interesting about their poor performance. Have you seen the stock market, some companies' shares go up, others go down.
- vonklaus 10y ago
  I agreed with the parents sentiment but I think it should be up to the incestors. I also agree with you. I was stating why 3 years of being public it was still relavent to discuss the news of the original post. That said, a public company that has an incomplete product roadmap-- or poduct, shows no profit and has a poorly understood revenue strategy is immature. GM has been public for a comparable amount of time. It is well understood what they do-- they make and sell cars. Twitter aggregates and dynamically prices advertising and monetizes information. It is much harder to understand a new business model and one that is not making money. It was not ready to IPO. Yes, the market goes up and down. Twitter was a shitty company, still is a shitty company and will be a shitty acquisition. I understood that and I didn't buy it. Thats how the market works. Edit: While the market goes up and down, Twitter has pretty much just gone down. It was in the 50s 2 years ago and has pretty much just fallen.

elastic_church 10y ago

> Twitter is an example of a company that has had poor performance and may have been to immature to go public. What exactly do you expect of companies that go public? What you wrote, and seemingly reflective of a common sentiment, is an extremely loaded statement of what anyone should expect of "glorious publicly traded unicorns". Unless Twitter committed fraud by not disclosing something, then there should no really no other expectation or aberration in their publicly traded status. The banks, board and the CFO priced the shares and they've been printing money for all their employees using the deep liquid market that all these people fawning over tech companies perpetuate. So I'm a little confused at what is so interesting about their poor performance. Have you seen the stock market, some companies' shares go up, others go down.

vonklaus 10y ago
I agreed with the parents sentiment but I think it should be up to the incestors. I also agree with you. I was stating why 3 years of being public it was still relavent to discuss the news of the original post. That said, a public company that has an incomplete product roadmap-- or poduct, shows no profit and has a poorly understood revenue strategy is immature. GM has been public for a comparable amount of time. It is well understood what they do-- they make and sell cars. Twitter aggregates and dynamically prices advertising and monetizes information. It is much harder to understand a new business model and one that is not making money. It was not ready to IPO. Yes, the market goes up and down. Twitter was a shitty company, still is a shitty company and will be a shitty acquisition. I understood that and I didn't buy it. Thats how the market works. Edit: While the market goes up and down, Twitter has pretty much just gone down. It was in the 50s 2 years ago and has pretty much just fallen.