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> arguing that Twitter lied about its numbers for years specifically so that someone would buy it at an inflated price? On one hand, venture-funded hockeystick
by Sebb767 4y ago
> arguing that Twitter lied about its numbers for years specifically so that someone would buy it at an inflated price?
On one hand, venture-funded hockeystick-startups like Twitter definitely aim for a quick exit to make cash, so it's not totally out of the blue. On the other hand, Twitter is publicly traded and therefore already had its exit.
- mywittyname 4y agoAnd the Twitter board was also very much publicly saying, "don't buy us."
- Sebb767 4y agoClearly reverse psychology, confirming that this was indeed their play all along!
- nerdawson 4y agoThere will be members of staff who’s job depends on the value of the stock and countless more with total comp tied to it.