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| From | Bruce Esquibel <bje@ripco.com> |
|---|---|
| Newsgroups | chi.internet |
| Subject | Re: Twitter |
| Date | 2016-06-30 11:51 +0000 |
| Organization | Ripco Communications Inc. |
| Message-ID | <nl314g$g3$1@remote5bge0.ripco.com> (permalink) |
| References | <d483ccfe-e07a-4110-ae2d-3295fd490032@googlegroups.com> <nl0div$2et$1@remote5bge0.ripco.com> <ae7b7e4c-6f2d-4eb0-b5fc-f05e40c76ffb@googlegroups.com> |
Crawford Sausage Company <mea@brandylion.com> wrote: > Polishing the turd is the main problem with the tech sector. When something > works people can't just leave it alone because they'd be out of a job > so they make things "better" and keep you on their upgrade train. I really don't think that's it though. To me the problem is these companies like Twitter get insane evaluations and at some point realize they need to start earning their keep. I'm probably off on the numbers but I think 3 or 4 years ago their evaluation was something like 50 billion dollars, which is a lot of billions. Recently they were downgraded to like 10 billion, but that's still like 9 billion more than I'd give them credit for. The reason for the downturn? They seem to be stuck at like 150 million people using it. I'd guess the original eval was based on current growth back then, adding in like 10-15 million new users a month. That stagnated so it seems to me they are in a panic mode, trying to make money since the darling of the tech world hit a plateau and just isn't going to see the growth everyone expected. To me, most of these changes they are putting in recently is starting to annoy those 150 million regular users and I'd expect somewhere in the near future you'll see more stories on how the users are starting to drop in numbers. Anyway I would worry about making an FBI watchlist just for following the news chick, you can follow them, and the CIA if you want, even Edward Snowden for the alternate view of things. -bruce bje@ripco.com
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