Re:Also Out at Twitter: Engineering Head Roetter (and More t...
by MicroBerto on Sunday January 24, 2016 @07:55PM
(#10964911)
Good point, I used the wrong word there. Meant any valuation remotely near where they are. $12B? LOL no way. $1B, sure.
I agree with your plan and would likely run the company like that -- except "just maintaining" a social network sounds like a long-term recipe for disaster too.
The share price would also tank with that plan, which of course won't fly being a public corporation. This is why they're in such a rough place.
Really? You actually think Twitter has negative value as a company?
They have real revenue. Fire everyone except a few dozen employees to maintain the core services/ads. That'll let you collect at least $100 million in profit.
At a valuation of <$1 billion, Twitter would be a bargain.