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FTFY > 1. cut costs by a lot. they shouldn't be spending $2B per year Really, is Twitter doing poorly? $2.52 billion in 2016 is more than enough revenue, I'd
by thisnotmyacc 10y ago
FTFY
> 1. cut costs by a lot. they shouldn't be spending $2B per year
Really, is Twitter doing poorly? $2.52 billion in 2016 is more than enough revenue, I'd wager, to maintain a solid company. Twitter seem to me to have an explosive-growth mentality - spend like crazy and grow our way to success - in a post-explosive-growth reality.
Fix the cost structures, and make ~$1 billion in profit, and you have a solid company. With continued YoY growth of say 5%, and a valuation of $20 billion in the near future, about double their current $11.33B, is not out of the realm of possibility. Sure, it isn't Google or FaceBook sized, but is a $20B company in anyway failing?
- spo81rty 10y agoI share your sentiment. They can grow slowly like most normal companies and have an amazing business.