6 ms·
He actually dismissed Twitter’s management so I am guessing they’re slated to be demoted or fired if he takes over. Should they sell? I mean it’s such a bizarre
by lvl102 5y ago
He actually dismissed Twitter’s management so I am guessing they’re slated to be demoted or fired if he takes over. Should they sell? I mean it’s such a bizarrely undervalued company. It’s like buying a plot of land on fifth avenue that’s owned by a convenience store and the store owner wants to charge for a skyscraper market rate.
- objclxt 5y ago> I mean it’s such a bizarrely undervalued company. Is it, though? Snap's market cap is $56 billion right now, and they have more MAU than Twitter (~320 million vs ~220 million).
- deleted 5y ago[deleted]
- l-lousy 5y agoI have NEVER seen an ad on Snapchat because all I do is send pictures and chat. Twitter has a user base that is a lot more engaged and can easily be captured by ads.
- whimsicalism 5y agoYou are just a millennial, this is why you undervalue Snapchat.
- barnabee 5y agoTwitter is where people who are or will be powerful, influential, or impactful get their information, form their opinions, and often debate really important topics. So I’d agree it’s undervalued in terms of utility if it’s not priced an order of magnitude or more higher than Snap. Whether that value can or should be captured as profit or is a public good, implying Twitter should operate more like a utility or non-profit is another question…
- UncleMeat 5y agoI don’t believe I have ever once seen a “debate on really important topics” on Twitter. And that’s even including the unusually large number of professors I follow.
- garbagetime 5y agoProfessors must be among the least likely to have such discussions on Twitter.
- UncleMeat 5y agoWell then point me at all of this "debate on really important topics."
- garbagetime 5y agoI can point you toward endless debate by the leaders in my field about topics that are really important in my field, but my field is not itself very important. Someone else will have to point you to the debate on really important topics.
- andbberger 5y agotransit twitter
- adwn 5y ago> Twitter is where people who are or will be powerful, influential, or impactful get their information, form their opinions, and often debate really important topics. Anecdotal counter point: I'll be powerful and influential one day, and I'm not using Twitter at all. On a more serious note, I haven't seen any evidence for the claim that powerful people form their opinions from information on Twitter.
- chii 5y ago> I'll be powerful and influential one day, and I'm not using Twitter at all. how would you know you won't be using twitter when you do become powerful?
- lvl102 5y agoTwitter is literally the news breaking platform across the world. How much do you think that’s worth? I think it’s worth more than $100B under competent management.
- Ekaros 5y agoIt might have reach... But does it make money? And can it be made to make money?
- chii 5y agoThat's what they said about facebook in the beginning. And that's also the exact same thing they said about facebook acquiring whatsapp.
- aeyes 5y agoAround the world? I think you are overestimating Twitter by a large margin. My guess is that in the US Twitter has marketing deals with media outlets which make it a relevant platform to post and consume breaking news in the first place. In other countries I haven't seen a lot of Twitter logos on TV.
- caymanjim 5y agoTV has nothing to do with it. I've never seen a Twitter logo on TV in the US either, except when they're reporting on Twitter as a company. GP wasn't talking about a business relationship between TV networks and Twitter.
- derefr 5y agoThe GP means that the journalists at the TV stations are getting their leads on what to cover from Twitter; not that audiences are watching Twitter in place of breaking news.
- asdff 5y agoThey probably have a police scanner running too. Should the public have that running as well to listen to all the latest news? IMO there is place for that and most people don't really need up to the second information on things happening hundreds of miles from anywhere they regularly interact with.
- JohnWhigham 5y agoSnap has been on borrowed time for a while. Both Tiktok and FB do what they do only better and with more users.
- caymanjim 5y agoTwitter's management has no say in whether or not they sell, except insofar as they get to vote with their shares like any other investor.