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Not entirely true anymore. In my understanding Twitter is in the process for going private company, and by not being a public company reduces the pressure for p
by nicce 4y ago
Not entirely true anymore.
In my understanding Twitter is in the process for going private company, and by not being a public company reduces the pressure for profits.
For example Valve is a great example, how a private company can be successful and respect it's customers.
But the problem is, that the price is still going to be high for Twitter when it will sold again, even if the price is just a fraction. Not many are willing to buy it and then reduce profits by thinking the best of its users.
- flandish 4y agoI’m sorry for confusion - I meant corporation in the sense that it’s a for profit org operating under capitalism. Not necessarily a public company, available on the stock exchanges.