Good point. Apple is a non-profit: it does not give dividends.
Could Twitter Be Better Off as a Nonprofit?
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Re: Could Twitter Be Better Off as a Nonprofit?
#22This would be fantastic. Twitter's utility is in its open (inherently less profitable) nature. As a data source for academic study it's unparalleled.
As a non-profit it could also become a decentralized platform, and it could more easily fight-off censorship requests.
Re: Could Twitter Be Better Off as a Nonprofit?
#23I only heard the jab on air, I didn't realize they were actually being serious
"In the second quarter it lost more than $100 million — so perhaps it already is a nonprofit."
Re: Could Twitter Be Better Off as a Nonprofit?
#24Good point. Apple is a non-profit: it does not give dividends.
Apple is not a non-profit, and it has been issuing dividends since 2012 (http://investor.apple.com/dividends.cfm)
Re: Could Twitter Be Better Off as a Nonprofit?
#25Good point. Apple is a non-profit: it does not give dividends.
Non-profit status has nothing to do with dividend payouts. While there are for-profit companies that do not pay dividends, Apple is not one of them: http://investor.apple.com/dividends.cfm.
Re: Could Twitter Be Better Off as a Nonprofit?
#26"In the second quarter it lost more than $100 million — so perhaps it already is a nonprofit."
Re: Could Twitter Be Better Off as a Nonprofit?
#27As a non-profit, it would still need to breakeven. So far, it hasn't demonstrated this ability, so arguing that its problems stem from pressure by investors to make outsized returns seems weak. (And the article even admits that Twitter's problems aren't all about investor pressure.)
Re: Could Twitter Be Better Off as a Nonprofit?
#28Earlier quoted context omitted.
>As a data source for academic study it's unparalleled. Does that actually mean it's valuable? Just because something's one of a kind doesn't mean it's worth that much.
The phrase "x is unparalleled" implies uniqueness by virtue of the value it provides. GP is basically saying twitter has accumulated a vast wealth of social data that is immensely valuable to the research community.
Sounds like the academic community should be charged for access to the data, if there is so much value in there.
Re: Could Twitter Be Better Off as a Nonprofit?
#29This would be fantastic. Twitter's utility is in its open (inherently less profitable) nature. As a data source for academic study it's unparalleled.
>As a data source for academic study it's unparalleled. Does that actually mean it's valuable? Just because something's one of a kind doesn't mean it's worth that much.
that is my concern as well, if it truly was so widespread and useful I doubt they could turn a profit, however its real market is apparently much smaller than people suspect.
twitter simply cannot reach people who don't go looking for it, it would need to basically just randomly show up on your instant messenger unbidden, it has no universal connector like radio and tv which are everywhere.
then the last issue is there are too many voices on twitter so only those connected get out and assume importance. importance to only users of the medium
Re: Could Twitter Be Better Off as a Nonprofit?
#30As a non-profit, it would still need to breakeven. So far, it hasn't demonstrated this ability, so arguing that its problems stem from pressure by investors to make outsized returns seems weak. (And the article even admits that Twitter's problems aren't all about investor pressure.)
Right, but in that case could adopt the Wikipedia model. So, donations.