Twitter in 2016 was bleeding money. In that financial situation, offloading a product that was losing $10 million/month without an immediate path to profitabili

Twitter in 2016 was bleeding money. In that financial situation, offloading a product that was losing $10 million/month without an immediate path to profitability was a reasonable decision. The question is why a cash rich Silicon Valley company didn't buy Vine for pennies on the dollar. It could have been Google. It could have been Apple. It could have been Microsoft. It could have been Facebook. Personally, I think it could even have been revived by private equity (who would immediately do deep cost cutting to bring the burn rate down).