The problem with letting Twitter be Twitter is that Twitter took money on the pr… | Hacker News
The problem with letting Twitter be Twitter is that Twitter took money on the promise of being something other that just Twitter.
Or to put it in analogy form. You give me $500,000 to buy you a Ferrari and I give you a Toyota Corolla.
You complain that I haven’t held up my end of the bargain and I point out that the Corolla is a perfectly fine car that can get you from point a to point b and even has some strengths when compared to the Ferrari, so why are you complaining?
That’s the point Twitter is at right now. They took the money to be something other than what they are right now. If Twitter wants to be just Twitter, that’s fine, but you’ll need to cut their 20 Billion market cap down to somewhere around a 3-4 Billion market cap, I don’t have a model with me right now.
having said that, Twitter has some good things going for it.
- Mobile Advertising numbers are up Year over year
- Data licensing revenue is up
- monthly active users are up
IMHO, twitter just needs to shrink in size or find a way to really start growing revenue.
EDIT to the child comment, you are confusing revenue and earnings. There is a huge difference between the two:)