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Twitter hiring Anthony Noto was one of the worst. They need to replace the board which essentially means someone needs to acquire them in order to unlock the po
by bitxbit 7y ago
Twitter hiring Anthony Noto was one of the worst. They need to replace the board which essentially means someone needs to acquire them in order to unlock the potentials.
- this_user 7y agoProblem is that nobody wants them. Two or three years ago there was regular talk about Twitter selling the company, but every potential buyer (e.g. Google) said no in the end. Twitter is just not a very good business, but it does attract a lot of scrutiny due to its size and impact. It has pretty much all the risks of Facebook with none of the cash flow.
- sp332 7y agoTwitter wasn't profitable two years ago. Eight straight quarters of positive net income can do wonders for attracting a buyer.
- JumpCrisscross 7y ago> none of the cash flow Twitter's operations threw off about a billion in cash for the first nine months of 2019 and 2018 [1]. [1] https://www.sec.gov/ix?doc=/Archives/edgar/data/1418091/000141809119000008/twtr-20190930.htm#i_0_31 https://www.sec.gov/ix?doc=/Archives/edgar/data/1418091/0001...
- giarc 7y agoBut didn't Twitter turn off the firehose of data to Google awhile ago? Therefore Google could benefit from the increase in data access to the thoughts/feelings of 300 million DAU.
- sp332 7y agoTwitter is about to ban more kinds of content. https://gizmodo.com/twitters-nsfw-purge-looms-1840243559 https://gizmodo.com/twitters-nsfw-purge-looms-1840243559 I wonder if they're trying to make themselves more palatable for buyers.
- qxnqd 7y agoWhat's wrong with Anthony Noto? Honest question as I am not American and I don't know him at all. His article on Wikipedia doesn't seem to show any controversies.