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| Economy |
| Twitter is toast |
| 2016-12-22 |
| Via Don Surber Twitter is "toast" as a company and the stock is not even worth $10, according to a research note published Tuesday, following the departure of another top executive at the social media service. The microblogging platform's chief technology officer, Adam Messinger, tweeted that he would leave the company and "take some time off", while Josh McFarland, vice president of product at Twitter, also said he was exiting the company. Both executives announced their departure on Tuesday. More at the link |
| Posted by:badanov |
| #9 Conspicuously NOT invited to the Tech Heads Summitâ„¢ with DJT. Heh. |
| Posted by: Frank G 2016-12-22 21:30 |
| #8 I dumped Twitter a while ago. Seems most not super left wing people are doing so as well. |
| Posted by: DarthVader 2016-12-22 20:06 |
| #7 They stay in business by investors buying future revenues. Which is the case for any company that sells its stock. Twitter has competitors that are much bigger in the market in places like India and China. I wouldn't buy their stock. |
| Posted by: phil_b 2016-12-22 16:38 |
| #6 Beat me to it, Frank. How do they stay in business? They bring in money but they send it out the door faster. Whose money is floating the enterprise? By the way, the test pic on this comment was the Hindenberg. It's like Fred installed an AI in last week's upgrade... |
| Posted by: Steve White 2016-12-22 11:37 |
| #5 it needs to control costs as it has lost money for every quarter for year after year "We lose money on every sale, but we make up for it in volume!" |
| Posted by: Frank G 2016-12-22 10:56 |
| #4 If Twitter is toast, it did it to itself. There are alternatives to Twitter. |
| Posted by: JohnQC 2016-12-22 10:48 |
| #3 headline is a hyperbole twitter has a growing stream of revenue (over $2B/yr) and even at say, $9/share it would have a market cap of $7B. it needs to control costs as it has lost money for every quarter for year after year |
| Posted by: lord garth 2016-12-22 08:47 |
| #2 Did banning Glenn Reynolds kill Twitter? |
| Posted by: g(r)omgoru 2016-12-22 04:19 |
| #1 They are passing the baton to Zuckerman now. |
| Posted by: Pliny Thearong9194 2016-12-22 00:38 |