LOL they'd get a better return if they took a million dollars in cash every day, and flushed it right down the toilet.
http://www.nasdaq.com/symbol/twtr/financials?query=income-statement
@previous (Metæ)
What a buyer gets cough cough is a company that provided a terrific service without figuring out how to make money with such service. Where wood Trump be without Twitter? Of course I have to add wood Trump B doing more better if he had never discovered Twitter.
A buyer wood of course end up with one fantastic set of owners.
As someone who in the past enjoyed quality services and even paid subscription fees and then watched the services collapse because owners could not make enough money to support the operation - Sad when some really good stuff is no longer around.
Twitter users worldwide. As of the second quarter of 2016, the microblogging service averaged at 313 million monthly active users.
Me? I only use it for business stuff and wood be happy to see a charge of $1.00/month - Of course 4 me a few more characters wood b more better
(Edited 29 seconds later.)
@729,049 (Metæ)
so google shouldnt have bought youtube??
@729,053 (Metæ)
Webvan lol - A terrific example of a good idea b4 its time and managed by people with zero experience in the product they were providing (other than they did eat the product) Recently a friend used the company that acquired the failed Webvan and we dined on Amazon Fresh delivery which was on time by just one minute.
@previous (Dw)
> so google shouldnt have bought youtube??
Youtube is a terrific example of a terrific product that took YEARS to figure out how to make it profitable - I have several friends who were with Youtube b4 being acquired and remained and of course got super rich because of the paper exchange of worthless Youtube stock for Google stock. One still is with Google but has moved on to Google Maps for some really cool stuff they are doing and planning on doing and then?
Bottom line is it took one hell of a lot of managers to get Youtube into the black.
@previous (Syntax)
youtube isnt actually profitable still