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Stock market. A lot of these companies are not only kept afloat but celebrated because of some future pie in the sky possibility. Everyone makes money in this g
by negamax 4y ago
Stock market. A lot of these companies are not only kept afloat but celebrated because of some future pie in the sky possibility. Everyone makes money in this game from brokers, engineers, managers, media. A perfect merry go round.
- thiago_fm 4y agoNope, nobody can make money consistently out of a company that has the same CEO since 2008 and is still burning money(!!!). Maybe their business model isn't even viable, and/or needs a big revamp. Unlike other companies that fired people with 100bi in cash(looking at you, Google), Twilio is literally paying for people to use their services for over a decade. Are boards and VCs so rich that they can keep such thing going on for so long, without ever the expectation of making a profit?
- negamax 4y agoPension funds and many other xyz funds have these companies in their portfolio. Crypto markets with their scammy tokens are a good simulation of US stock market of today. Unprofitable companies posting 1 less cent loss as compared to forecast and seeing their stock jump 20%.
- atkailash 4y ago[dead]
- phpisthebest 4y ago>>Maybe their business model isn't even viable Twilio needs to figure out that that even is... They seems to be pulling in 100 directions from Automated Communications, to Authentication, Serverless Cloud, To Transactional Email, to Video Services to what ever else.
- pirate787 4y agoThis is the correct take, but it is funny, because everyone is always lamenting the "quarterly focus" of the stock market but the reality is bloated companies are given huge runways in public markets.