Twitter stock tanks hard - CEO "Wall Street doesn't get us"
- Thread starter Vanillalite
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old manatee
Banned
They should tweet at Wall Street and influence their culture to be more accepting of Twitter.
MudoSkills
Volcano High Alumnus (Cum Laude)
Until Twitter starts to consistently make a profit it's never getting back to the stupid over-valuation it had at IPO.
Simon Belmont
Banned
Just like Twitter doesn't get money.
Edit: Apparently I'm behind the times. Half a billion is nothing to sneeze at.
Edit: Apparently I'm behind the times. Half a billion is nothing to sneeze at.
dave is ok
aztek is ok
They should monetize hate speech
"Our new policy: A swear box."
blast0rama
Member
I'm echoing a sentiment I saw in the comments over at The Verge, but...
...maybe not every company needs to have an IPO.
They made $550 million with 4,000 employees. That's pretty rad.
Not sure what it would take to go private again, but if they were able to just keep on keeping on, and NOT try to be Facebook, and just do what works best for them and their userbase, they'd have a longer future ahead of them.
...maybe not every company needs to have an IPO.
They made $550 million with 4,000 employees. That's pretty rad.
Not sure what it would take to go private again, but if they were able to just keep on keeping on, and NOT try to be Facebook, and just do what works best for them and their userbase, they'd have a longer future ahead of them.
Agreed!
entremet
Member
Please no. We don't need more consolidation.
Vanillalite
Ask me about the GAF Notebook
Twitter has an optics problem in that the general populus might think of Apple, Microsoft, Facebook, Google, Twitter ect... in the same breath.
They are actually making some decent cash now, but relative to their peers that people think of in Silicon Valley it's paltry.
They are actually making some decent cash now, but relative to their peers that people think of in Silicon Valley it's paltry.
teruterubozu
Member
That's great but how does it make money, that's what Wall Street wants to know.
Glass Shark
Banned
Yep, pretty much. If you look at the board members, it's clear they don't use the platform at all, or didn't use it before joining the board. The company has survived this long in spite of itself.
Pretty much, twitter is one of the best examples in a long time of extremely smart people who have no business running a public company
They have a GAAP loss, but positive "adjusted earnings". Basically, they're considering that stock based compensation is free for their adjusted earnings...
Vade
Member
Obviously we still have 3/4th of a year to go, but twitter has never had actual net income for a year.
From left to right 2011-2015
Their SG&A keeps climbing ,but nothing has come of it yet, unlike how corporations like Amazon keep low net income and low losses because of SG&A ,but are building innovation off of it.
Skellig Gra
Member
I work on Wall Street apparently
Familienoberhauptvogel
Banned
Drives traffic?
diablos991
Can’t stump the diablos
Glad they are seeing consequences to becoming a censored, activist, locked down mess of a platform.
Lost sight of what made them great in the first place.
Hope Twitter leadership can adjust or a new platform catches on.
Lost sight of what made them great in the first place.
Hope Twitter leadership can adjust or a new platform catches on.
Obviously we still have 3/4th of a year to go, but twitter has never had actual net income for a year.
From left to right 2011-2015
Their SG&A keeps climbing ,but nothing has come of it yet, unlike how corporations like Amazon keep low net income and low losses because of SG&A ,but are building innovation off of it.
Ah, thanks. CNBC left that out of their entire article (as of when I clicked on it).
This.
As useful as Twitter is as a tool (it's the only social media I use) I can't imagine that there's any real way to monetise it unless you get Katy Perry etc to answer each and every DMs they receive from their fans charge people for it.
badcrumble
Member
lol you'll always have /pol/ dude
CEO doesn't understand how stock works. Fine if Twitter has a lower value than it was valued yesterday. But no one's going to but sales at an inflated rate.
Accept that Twitter is restricted in how much it can cash in on its popularity. It's not the first to face this conundrum.
Accept that Twitter is restricted in how much it can cash in on its popularity. It's not the first to face this conundrum.
I felt the same way, but think of it as a way to organize and group information quickly.
So for example, lets say you wanted to read about PAX last weekend. You'd sort by #PAX and it would give you any and all posts/photos classified under the label.
Or maybe you want to see Corgis right now. Just search #corgis.
It works for larger discussions and trends.
special ingredient character that makes everything that follows it cooler.
for example
Dennis
#Dennis
see what i mean
TarpitCarnivore
Member
You IPO when you are unable to raise money, but still need to bring in investments to scale the product.
Moments and Periscope (though, acquisition)
hipsterpants
Member
Maybe I'm dumb, but I get the impression Twitter is such a cultural force that people expect it to make tons of money when it doesn't really have anything outside of ads.
The only way I'd sink money into Twitter is if there's acquisition rumor.
Purple Cheeto
Member
If you don't get Twitter you are well beyond out of touch. You don't have to like it, but if you can't understand it then you're heading into Luddite territory.
That has been their argument for ages. Great, so if you happen to be the best breaking news aggregator on the planet then your next task is to figure out how to monetize it. He hasn't. End of story.
TarpitCarnivore
Member
It makes zero sense. Under the Alphabet structure Twitter would fall under the Google org which has proven they don't get social. There's a big reason Google is stripping down Plus and Vic Gundotra is no longer working there.
Twitter is a great platform at its core and a very valuable tool but my god do they have the most bizarre priorities and boneheaded changes. I could do out a whole list but the clearest example of the upper management not understand their products strengths is the big push for tailored feeds instead of raw, chronologically feeds. Your whole draw is the instantaneous, in the moment nature of tweeting, whether it be news, conversations, hot takes, images whatever.
It's sad to see Snapchat, a much younger product be monitized more effectively. Twitter are going out and buying NFL games instead because ?????
It's sad to see Snapchat, a much younger product be monitized more effectively. Twitter are going out and buying NFL games instead because ?????
milanbaros
Member?
Yes. The problem is that they were seen as one of the new super tech giants but in fact they are much smaller than that.
They still make money, are increasing revenues and profit.
increasing from a negative to a negative isn't increasing profit
UnemployedVillain
Member
I would agree with that assessment. Regardless of your feelings on Twitter, it can be incredibly powerful. The management just seems to keep fucking up. I'm surprised they don't have something like paid retweets on verified accounts, akin to the ad click model. Maybe they do, I dunno
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