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This might work if Twitter was a private company. Their stock has been an enduring stinker and frankly I would bet on it being sold rather than the owners being
by pram 5y ago
This might work if Twitter was a private company. Their stock has been an enduring stinker and frankly I would bet on it being sold rather than the owners being satisfied with 'unsexy consistency'
- xboxnolifes 5y agoAnd that is totally fine when looking for the "unsexy ad-revenue gain" and not stock appreciation.
- colinmhayes 5y agoWhich isn't what anyone is looking for with twitter. That strategy leads to the CEO being fired.
- adam_arthur 5y agoTheir stock would have done better had they done this long ago. Their massive headcount is mostly just a drain on profitability, and very hard to argue there's much value add. Certainly infra, data science etc takes headcount, but last I heard Twitter has hundreds or thousands of product devs and their product has had close to 0 changes in the last 5 years. What do these people do all day, really? I mean, they are flat from their 2013 IPO, while basically every other tech has rocketed.