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Re:X’s director of engineering, Haofei Wang, has left the co... by timmg on Tuesday March 25, 2025 @09:33AM (#43471092)
> What? I don’t get it. So almost 3 years and “growing profile” to reach the same valuation? What was the growth for?

In fairness, that was a frothy time for stocks. Twitter stock price was at an unsustainable price (IMHO) when he bought it.

Re:X’s director of engineering, Haofei Wang, has left the co... by cma on Tuesday March 25, 2025 @09:47AM (#43471255)
Compare market cap of others in their segment: Meta has grown a lot since then, Snap not so much.
Re:X’s director of engineering, Haofei Wang, has left the co... by ergocoder on Tuesday March 25, 2025 @10:41AM (#43471934)
To be fair, twitter hasn’t really competed or been comparable to Meta for a while.

Not saying that they aren’t competitors, but it is more like they have been out-executed by Meta even before Musk’s acquisition. Way before.

To be more fair, any company being compared to FB would mostly look worse.

Re:X’s director of engineering, Haofei Wang, has left the co... by cma on Thursday March 27, 2025 @04:49AM (#43491546)
Nvidia in same timeframe far outgrew Meta, maybe no other major ones, except maybe netflix recovering from an even earlier drop. A good portion of Meta's gain was just getting back to where they were before the Apple store changes induced drop (that also hit Twitter).