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Elliott Management strikes again. https://lipperalpha.refinitiv.com/2021/09/breakingviews-elliott-returns-to-haunt-backsliding-citrix/ https://lipperalpha.refi

Elliott Management strikes again. https://lipperalpha.refinitiv.com/2021/09/breakingviews-elliott-returns-to-haunt-backsliding-citrix/ https://lipperalpha.refinitiv.com/2021/09/breakingviews-elli...

riffic 5y ago
ah, the same people who thought buying a large stake in TWTR was a good idea.
- anonporridge 5y ago
  They seem to have succeeded in pushing Jack out. I assume we'll see some big changes in the near future, and I'm not hopeful that it will be positive for the platform.
  - riffic 5y ago
    they're holding bags. There's no ROI, with or without Jack. Twitter is this decade's AOL.
    - rsj_hn 5y ago
      I was confused about Twitter's business model from the very start. But, I didn't think Uber and Lyft made a lot of financial sense, either :P Usually what you'd do is pump the platform full of ads and then offer an ad-free option, or make it into a subscription service outright, but I don't think twitter has enough of a moat for the latter and won't be successful on the former.
      - xmcqdpt2 5y ago
        Uber has only ever posted one positive quarter (Q3 2020) and has gone back to net losses in Q4. It doesn't really make financial sense. Even the whole "they will be profitable once they have a monopoly" idea is overblown IMO. In Toronto were I'm located, we have a local taxi company (the largest one, Beck) who has an app that AFAICT has all the same features as Uber's core ride hailing app. Clearly Uber's core tech in ride hailing is not that much of an advantage...
        emteycz 5y ago
        Uber would've definitely be positive if it wasn't for COVID. Where I am, People use it massively to get to/from parties, that basically died for the entire 2021... The local Uber branch said there was less than 1/10 rides that year... So in conclusion, I'd wait before saying what has/doesn't have financial sense. > In Toronto were I'm located, we have a local taxi company (the largest one, Beck) who has an app that AFAICT has all the same features as Uber's core ride hailing app. Well, and where's the big difference? Why your local app can work and Uber can't? Your local app won't work in Italy, whereas Uber does, and works consistently and with the same credit card I use at home. IMHO it's cool.

Elliott Management strikes again. https://lipperalpha.refinitiv.com/2021/09/breakingviews-elliott-returns-to-haunt-backsliding-citrix/ https://lipperalpha.refinitiv.com/2021/09/breakingviews-elli...

riffic 5y ago

ah, the same people who thought buying a large stake in TWTR was a good idea.

anonporridge 5y ago
They seem to have succeeded in pushing Jack out. I assume we'll see some big changes in the near future, and I'm not hopeful that it will be positive for the platform.
- riffic 5y ago
  they're holding bags. There's no ROI, with or without Jack. Twitter is this decade's AOL.
  - rsj_hn 5y ago
    I was confused about Twitter's business model from the very start. But, I didn't think Uber and Lyft made a lot of financial sense, either :P Usually what you'd do is pump the platform full of ads and then offer an ad-free option, or make it into a subscription service outright, but I don't think twitter has enough of a moat for the latter and won't be successful on the former.
    - xmcqdpt2 5y ago
      Uber has only ever posted one positive quarter (Q3 2020) and has gone back to net losses in Q4. It doesn't really make financial sense. Even the whole "they will be profitable once they have a monopoly" idea is overblown IMO. In Toronto were I'm located, we have a local taxi company (the largest one, Beck) who has an app that AFAICT has all the same features as Uber's core ride hailing app. Clearly Uber's core tech in ride hailing is not that much of an advantage...
      - emteycz 5y ago
        Uber would've definitely be positive if it wasn't for COVID. Where I am, People use it massively to get to/from parties, that basically died for the entire 2021... The local Uber branch said there was less than 1/10 rides that year... So in conclusion, I'd wait before saying what has/doesn't have financial sense. > In Toronto were I'm located, we have a local taxi company (the largest one, Beck) who has an app that AFAICT has all the same features as Uber's core ride hailing app. Well, and where's the big difference? Why your local app can work and Uber can't? Your local app won't work in Italy, whereas Uber does, and works consistently and with the same credit card I use at home. IMHO it's cool.