4 ms·
In his defense, I guess there wasn't much to do. The same can be said about pretty much any monopolistic corporation; the money will keep coming in regardless.
by jongjong 4y ago
In his defense, I guess there wasn't much to do. The same can be said about pretty much any monopolistic corporation; the money will keep coming in regardless. It's better to sit back and do nothing than add complexity and risk compromising the monopoly position.
- lotsofpulp 4y ago> The same can be said about pretty much any monopolistic corporation; the money will keep coming in regardless. This cannot describe Twitter. For one, money was going out, not coming in: https://www.macrotrends.net/stocks/charts/TWTR/twitter/net-income https://www.macrotrends.net/stocks/charts/TWTR/twitter/net-i...
- jongjong 4y agoIt used its monopoly on user attention to keep the investor money pouring in.