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If the ship's going down, you start throwing everything away you can to keep it afloat.
by debacle 14y ago
If the ship's going down, you start throwing everything away you can to keep it afloat.
- tylermenezes 14y agoTwitter just moved into a new office, has been acquiring companies (remember, they're what drove Instagram's price up), and you really think they're secretly cash-strapped or something?
- debacle 14y agoNo definitely not, but the problem is that the clock is ticking and I think the FB IPO showed them what can happen when the right pieces aren't in place at the time of IPO. No one is going to argue that Twitter has a technological advantage - their service is incredibly simple and could probably be completely replicated by a small team in six months to a year. Moreso than Facebook, they are relying on the network effect but the also monetize less than Facebook, so who really knows if they're ever going to be profitable?
- adgar 14y agoJust because someone's bailing you out (VCs) doesn't mean you aren't going down.