Dozens of Companies Are Using Facebook to Exclude Older Workers From Job Ads

Re:Dozens of Companies Are Using Facebook to Exclude Older W... by candiodari on Friday December 22, 2017 @12:01AM (#15985373)

Twitter "made 2.5B losses". Yeah ... that's bad ... but not from the perspectives of investors.

Jack Dorsey became a billionaire from those losses. The same is true for probably all other early investors. For an investment in Twitter to have done really badly, there was a "bear" period of about 2 years.

And before you say it, remember that even Google stock dropped 60%, Facebook's 70%. Twitter's drop actually looks pretty reasonable in comparison.

So firstly, I don't think twitter is bad, and secondly, I don't think people have given up on twitter, and thirdly, that seems pretty justified.

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Re:Dozens of Companies Are Using Facebook to Exclude Older W... by scarface74 on Friday December 22, 2017 @06:33AM (#15986760)

A business model is by definition "bad" if it doesn't make sustainable profits. Of course you have to allow for time, but Twitter isn't a startup.

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Re:Dozens of Companies Are Using Facebook to Exclude Older W... by candiodari on Saturday December 23, 2017 @01:52AM (#15993238)

Well I would be very happy indeed if I ever make a business for myself 10x as bad as twitter.

Wouldn't you ?

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Re:Dozens of Companies Are Using Facebook to Exclude Older W... by scarface74 on Saturday December 23, 2017 @08:38AM (#15994097)

As a founder - yes, if I could convince VCs to give me enough money to fund a money losing venture long enough to take public to get the market to value my company at a few billion.

As an employee who has a job because the company exists? Yes

As a retail investor - I wouldn't be quite as happy.

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