Twitter is a Media Company / The Stock Market is Crazy / No One Knows Anything
Disney made the most sense.
Lots of armchair Jack‘ing in the recent week; who knows what he really thinks. Apparently, he opposes a sale, which investors are clamoring for amid… panic? …that users and revenue are growing but not meeting expectations.
BUT IF JACK IS LOSING CONTROL WHO IS WINNING CONTROL?!
- Jack Dorsey is the CEO of a company that makes $2.2B in yearly revenue (more than twice that of Snapchat)
- It has an actively monthly user base of 66M (US) and 313M (Worldwide)
- Everyone of your favorite/hated celebrities/politicians/sports heroes/tech gods has an account
- Said accounts function as real-time, real-friendly, real-direct “press release” conduits
- Twitter, still, continues to add users BUT NOT AS FAST AS FACEBOOK AND SNAPGRAM AND THE OTHER ONES WHERE YOUTHS SENDS SEXTS DURRR MOAR PENIS PICKS JACK HOSTILE TAKEOVER ACTIVIST BOARD SELL NOW DURRR DURRR….
BUT TEENCHAT WILL IPO FOR $25B, WHAT ABOUT THE TEENS AND THEIR ADVERTISERINGIFIED INFLUENCE?!
WELL… Twitter has influence all over the world (true), is “valued” at over 10x revenues (even after today’s fall)((P.S. insane by MAIN STREET terms = still good for you, current investor, you do remember how businesses on Sunbelt are priced, right, RIGHT?!)), and AS A MEDIA COMPANY still manages to signup new users, who are not paid to make content, and then sell $2B+ worth of advertising on top of that freely made content.
Twitter is a success! Twitter is a successful media company. Twitter has value, and will be around for quite some time. It is sticky.
In conclusion, maybe Twitter should just… be Twitter? And not try to be a platform for selfie-takers hoping that love and meaning exists after one more upvote/like/sharething/whatever Snapchat does for instant gratification?
If these titans of capitalism, these stockbrokers and traders and market thinkfluences (who all have Twitter accounts) are mad that SnapInstas are “more valuable,” maybe they should invest there, too?