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Seeing how all the numbers are private, I don't know how anyone can reasonably estimate it's value. Seeing how unaffected Twitter has been in public discourse,

by Alupis 3y ago

Seeing how all the numbers are private, I don't know how anyone can reasonably estimate it's value. Seeing how unaffected Twitter has been in public discourse, and media, it seems these estimates are grossly underinflated. Lastly - Twitter's market price has nothing to do with it's profitability. That seems obvious, but apparently needs to be said here.

lapcat 3y ago
> Lastly - Twitter's market price has nothing to do with it's profitability. That seems obvious, but apparently needs to be said here. It's not profitable. That's why they're cutting to the bone and not even paying a lot of their bills. They had to make an advertising exec the nominal CEO, because a lot of advertisers have fled the platform.
- Alupis 3y ago
  [flagged]
  - lapcat 3y ago
    > You forget how unprofitable Twitter has been over the past decade. I haven't forgotten anything. > It's crazy this stuff needs to be said on HN folks. This shouldn't need to be said, but "Please don't fulminate. Please don't sneer, including at the rest of the community." "Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize." https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
    - Alupis 3y ago
      The argument you are putting forth boils down to folks like Apollo should receive free API access because they increase the usefulness of Reddit for end-users. That would be a fair argument, except for the fact that nothing is really free and Apollo currently makes millions in profit at Reddit's expense. That is not sustainable... any business should have realized this right from the beginning. Apollo's own business model requires income to continue to run... so Reddit's doesn't? This is just a silly discussion to be having. Of course Apollo and businesses like Apollo were going to be required to pay for API access at some point. The business owner complaining "it's not fair", or that it's not priced like API's that nobody cares about is just staggering.
      - lapcat 3y ago
        > The argument you are putting forth boils down to folks like Apollo should receive free API access Incorrect. Straw man. I already explained this in another comment (which you already replied to, so you know this). https://news.ycombinator.com/item?id=36142316 https://news.ycombinator.com/item?id=36142316 > Apollo currently makes millions in profit Citation needed. > Apollo's own business model requires income to continue to run... so Reddit's doesn't? Reddit is making a lot of income. > This is just a silly discussion to be having. Yes, because you keep making extremely uncharitable interpretations of my comments.
sorenjan 3y ago
If you believe Elon Musk Twitter's current value is less than half of what he bought it for ($20B compared to $44B). https://edition.cnn.com/2023/04/27/tech/elon-musk-twitter-six-months/index.html https://edition.cnn.com/2023/04/27/tech/elon-musk-twitter-si...

by Alupis 3y ago

lapcat 3y ago

> Lastly - Twitter's market price has nothing to do with it's profitability. That seems obvious, but apparently needs to be said here. It's not profitable. That's why they're cutting to the bone and not even paying a lot of their bills. They had to make an advertising exec the nominal CEO, because a lot of advertisers have fled the platform.

Alupis 3y ago
[flagged]
- lapcat 3y ago
  > You forget how unprofitable Twitter has been over the past decade. I haven't forgotten anything. > It's crazy this stuff needs to be said on HN folks. This shouldn't need to be said, but "Please don't fulminate. Please don't sneer, including at the rest of the community." "Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize." https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
  - Alupis 3y ago
    The argument you are putting forth boils down to folks like Apollo should receive free API access because they increase the usefulness of Reddit for end-users. That would be a fair argument, except for the fact that nothing is really free and Apollo currently makes millions in profit at Reddit's expense. That is not sustainable... any business should have realized this right from the beginning. Apollo's own business model requires income to continue to run... so Reddit's doesn't? This is just a silly discussion to be having. Of course Apollo and businesses like Apollo were going to be required to pay for API access at some point. The business owner complaining "it's not fair", or that it's not priced like API's that nobody cares about is just staggering.
    - lapcat 3y ago
      > The argument you are putting forth boils down to folks like Apollo should receive free API access Incorrect. Straw man. I already explained this in another comment (which you already replied to, so you know this). https://news.ycombinator.com/item?id=36142316 https://news.ycombinator.com/item?id=36142316 > Apollo currently makes millions in profit Citation needed. > Apollo's own business model requires income to continue to run... so Reddit's doesn't? Reddit is making a lot of income. > This is just a silly discussion to be having. Yes, because you keep making extremely uncharitable interpretations of my comments.

sorenjan 3y ago

If you believe Elon Musk Twitter's current value is less than half of what he bought it for ($20B compared to $44B). https://edition.cnn.com/2023/04/27/tech/elon-musk-twitter-six-months/index.html https://edition.cnn.com/2023/04/27/tech/elon-musk-twitter-si...