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Not to be too flip, but because someone's prepared to pay (proportionally) that much for it. Why are they prepared to pay that? Maybe they know something you d
by semanticist 16y ago
Not to be too flip, but because someone's prepared to pay (proportionally) that much for it.
Why are they prepared to pay that? Maybe they know something you don't, like Twitter's business plans, their current revenue, project revenue growth, those sorts of things.
It's easy for people to say that Twitter has little-to-no value because they can't think of ways to make money out of it - but that only means that they shouldn't be in charge of Twitter, not that someone else couldn't turn a profit on it.
- paraschopra 16y agoYep, or as they say: "Beauty lies in the eyes of beholder".
- harscoat 16y agoUnderstood about the acquirer. But is there a list somewhere of the revenue they generate from which source? This is not that much money for half the 100Mtweets/day over a year... "Twitter to Sell 50% of All Tweets for $360k/Year Through Gnip" http://www.readwriteweb.com/archives/twitter_to_sell_50_of_all_tweets_for_360kyear_thro.php http://www.readwriteweb.com/archives/twitter_to_sell_50_of_a...
- d2viant 16y agoThat's an excellent point. I'm guessing that when you invest that amount of money in a company you get inside information that the rest of us are not privy to.