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I find it astonishing that what is basically a short message broadcast service can generate billions of dollars of revenue. So I think that they have to be doing something very right. Perhaps everyone is anticipating the inevitable next hot thing a little bit too hard.
It's time to be a real business or pay the price of being an overvalued pile of stinking financial junk.
>Twitter cut full-year revenue guidance to $2.17 billion to $2.27 billion, from the previous range of $2.3 billion to $2.35 billion. I find it astonishing that what is basically a short message broadcast service can generate billions of dollars of revenue. So I think that they have to be doing something very right. Perhaps everyone is anticipating the inevitable next hot thing a little bit too hard.
It's not just a short message broadcast service.....it's a short message broadcast service with 300,000,000 users.
https://twitter.com/Selerity/status/593136296236752896 "Today’s $TWTR earnings release was sourced from Twitter’s Investor Relations website https://investor.twitterinc.com . No leak. No hack." Looks like someone found a draft post. Yeesh.
Even better is that NASDAQ runs Twitter's IR site...
>Twitter cut full-year revenue guidance to $2.17 billion to $2.27 billion, from the previous range of $2.3 billion to $2.35 billion. I find it astonishing that what is basically a short message broadcast service can generate billions of dollars of revenue. So I think that they have to be doing something very right. Perhaps everyone is anticipating the inevitable next hot thing a little bit too hard.
Basically a short message service? That's naive. Twitter is a marketing platform with 300m people signed up to receive marketing materials, people who also readily provide the platform with the details of what they like/would likely click on/spend money on, where they are in the world, what age they are, what gender they are and more. Of course it's extremely valuable.
This probably shouldn't be surprising news but it has some shock value. Twitter is very close to what some would consider a model civic communications platform. I remember hearing one tech pundit refer to it as "citizen's band radio for the 21st century." The idea that such an effective tool needs to generate revenue a la Facebook seems odd, even though I understand that it operates like any other business entity.
Earlier quoted context omitted.
Related, it would be great for HN to be able to tag stories as having auto-playing audio, a paywall, modal ads, and other undesirable elements of a posted story's site.
It would be great if paywall stories weren't allowed.
>Twitter cut full-year revenue guidance to $2.17 billion to $2.27 billion, from the previous range of $2.3 billion to $2.35 billion. I find it astonishing that what is basically a short message broadcast service can generate billions of dollars of revenue. So I think that they have to be doing something very right. Perhaps everyone is anticipating the inevitable next hot thing a little bit too hard.
valuation typically comes from:
profit X magic multiplier
where your magic multiplier is functionally a premium based on twitter's future profit potential
they're a publicly traded company, and last I remember they report their earnings publicly to shareholders
according to http://www.cnbc.com/id/102573751 their earnings were
$436 million
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I've noticed more and more ads on twitter: in their android widget, on their apps, on their site.
I'm constantly getting emails asking me to use a twitter ads coupon or read about new ads features.