Twitter Falls Below IPO Price as Concerns Mount Over CEO, Growth
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Re: Twitter Falls Below IPO Price as Concerns Mount Over CEO, Growth
#2Both Jack Dorsey and Anthony Noto recently bought shares, fwiw.
Re: Twitter Falls Below IPO Price as Concerns Mount Over CEO, Growth
#3"At stake is whether Twitter [...] can become a mainstream platform instead of a niche forum favored by journalists and celebrities."
I found that line interesting, because I often think of Twitter as a niche forum favored by technology workers and celebrities.
Re: Twitter Falls Below IPO Price as Concerns Mount Over CEO, Growth
#4Everyone says it is all about growth. Twitter is not growing. Pretty simple story, really.
Re: Twitter Falls Below IPO Price as Concerns Mount Over CEO, Growth
#5Everyone says it is all about growth. Twitter is not growing. Pretty simple story, really.
Their revenue is indeed growing, but, as you indicate, the company's valuation is not.
Re: Twitter Falls Below IPO Price as Concerns Mount Over CEO, Growth
#6"At stake is whether Twitter [...] can become a mainstream platform instead of a niche forum favored by journalists and celebrities." I found that line interesting, because I often think of Twitter as a niche forum favored by technology workers and celebrities.
When I think of twitter I think nothing but mainstream. There are two platforms that anyone who is anyone (celebrity or business or politician) needs to have: either Facebook or Twitter. Niche is Instragram. Niche is Snapchat. But when Kardashian is on CNN once an hour because of a tweet, it's not niche. App.Net is niche. Twitter is the epitome of mainstream.
Re: Twitter Falls Below IPO Price as Concerns Mount Over CEO, Growth
#7"At stake is whether Twitter [...] can become a mainstream platform instead of a niche forum favored by journalists and celebrities." I found that line interesting, because I often think of Twitter as a niche forum favored by technology workers and celebrities.
It's the same thing they do when they talk about Google+ being a "ghost town". Certainly doesn't look like a ghost town from my perspective. It's because Social Media gives out exactly what you yourself put in.
Re: Twitter Falls Below IPO Price as Concerns Mount Over CEO, Growth
#8Both Jack Dorsey and Anthony Noto recently bought shares, fwiw.
Jack Dorsey has sold more than 10x the amount of shares he just bought over the last few years, so the gesture rings a little hollow.
Re: Twitter Falls Below IPO Price as Concerns Mount Over CEO, Growth
#9Twitter was the first in a long list of current (i.e. post-2000) startups where I thought to myself, Really? That's a $X0 billion business? I wonder if this is just the tip of the iceberg.
Re: Twitter Falls Below IPO Price as Concerns Mount Over CEO, Growth
#10Everyone says it is all about growth. Twitter is not growing. Pretty simple story, really.
Twitter is still growing in terms of revenue, but they're losing money. They've already scaled up. They've had ads ("promoted tweets") since 2010. It's not clear where they go from here. Increasing the ad density to boost revenue begins the Myspace death spiral.