3 ms·
Layoff everyone except for the bare minimum to keep the company operational (~100-200 people), take it private and print money for 10 years then let it naturall
by ProAm 10y ago
Layoff everyone except for the bare minimum to keep the company operational (~100-200 people), take it private and print money for 10 years then let it naturally sunset itself.
- sfeng 10y agoThe problem is that would require the value of the company to crash down to its actual value (some reasonable revenue multiple).
- ProAm 10y agoNot really, if you layoff everyone you'd save so much in liabilities you'd have a buyer for it almost immediately. Twitter isn't worth much now, but if you cut the fat it's actually a profitable company.
- ISL 10y agoCame here to say cost-cutting. I'm not sure that Twitter will sunset itself. Craigslist remains an institution, even if its impact is beginning to lessen. Twitter is a protocol, and an excellent one. If it continues to serve as a backbone of public-domain discourse, it can remain relevant for the foreseeable future. WhatsApp had 55 employees at the time of acquisition, with 0.5B monthly users. Twitter currently has 0.3B monthly users and 3860 employees. I keep considering TWTR, even had a limit order open for a while, but keep walking away.
- eldavido 10y agoJust don't. Seriously. Let it fall another 50% before you go even close.
- fragmede 10y ago> Craigslist remains an institution, even if its impact is beginning to lessen. Is it? It's a private company and so is not subject to the same disclosure rules as a public company, so no one outside the company can actually say how they're actually doing. Meanwhile, as a publicly traded company, TWTR is required to publish all sorts of information about the site's popularity, for critics to play armchair CEO with.