To: IncPen
Jack Dorsey is not really a very good executive.
Twitters financial performance has not been that good.
In their Q 1 2020, they made a small loss on revenues down 20%. Market cap is still only $25 Billion.
By comparison, other tech giants like Microsoft, Apple, Google, Amazon, Facebook all had rising revenues and profits in Q1, with Microsoft and Google posting nearly $10 billion in net profits.
When you compare Twitter’s $25 billion in market cap to Google, Apple, Microsoft's market caps of over $1 Trillion they are not even on the same planet.
Twitter is not in a very good financial position for a protracted war with anyone, let alone with the Trump administration.
Dorsey thinks he is still a frat boy in school.
Twitter dismissed Dorsey once before. They could do it again.
To: SmokingJoe
Agreed. The simplest explanation about Twitter is that they have no sustainable revenue model. Zero, zip, nada.
In my view they could be the news media of the future. A simple micro-payment per tweet or monthly unlimited subscription would suffice. Unregulated platform, user-configurable and theyd be good to go.
If the price gets down to $5 or so Id buy with both hands, because someone maybe even trump would buy it for the installed user base and utterly transform it.
130 posted on
05/31/2020 9:25:03 PM PDT by
IncPen
("Inside of every progressive is a Totalitarian screaming to get out" ~ David Horowitz)
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