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by astrodust 3510 days ago
The problem with wild success but not insanely wild success is investors that were promised insanely wild feel cheated.
3 comments

I don't know many people who are actually concerned about that. Sounds like complaining about a win-win situation.

More to the point: investors with irrational expectations are not the kind of investors who deserve to have their expectations met.

I wish we'd consider a multi-billion dollars company as "a wild success".
There isn't some natural law that states "Twitter is with $12bn." It'a valued as such in expectation of future profits. Massive future profits. If it can't sustainably materialise those profits, it loses its valuation (and some of its investors lose their shirts).
Is it really a multi-billion dollars company, though? Twitter has never made money, and it's not clear they ever will make money. A company that can't make money isn't worth more than its assets minus debt.
They have multi billions in revenue. That definitely qualify it as a multi-billion dollars company.
Why do I care about them? They still most likely made more money than I'll see in my lifetime for not doing anything other than having money.