3 ms·
> It's hard for me to square the price he's offering with the promises he's making about Twitter's potential profitability. Those promises are predicated on hi
by jhugo 5y ago
> It's hard for me to square the price he's offering with the promises he's making about Twitter's potential profitability.
Those promises are predicated on him owning it though.
I'm doubtful of Twitter's LTV whether he owns it or not, but then again I've never had an account and now that you pretty much can't read it without one, I basically don't use it at all. So I may not be a qualified observer, but to me Twitter seems to only get worse for years now.
If that price isn't reasonable for Twitter long-term then you must have someone other than the current management in mind to realise that value...
- danShumway 5y agoI do think that Twitter's been getting steadily worse, but I'm not convinced that means they'll be less valuable in the future. I think if I were an investor, my thought might be that Musk might not be necessary to realize that growth (again, speaking in the long term, not that the current price is wrong). But I'm not an investor, I don't really know Twitter's numbers. I guess the caveat I should give is that if I were an investor and I thought Twitter was falling and that Musk couldn't save it, this would be a particularly good opportunity to jump ship. So that could also be an angle I'm not thinking of.