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by codingdave
3975 days ago
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That is actually not a bad idea. A business with poor underlying fundamentals must either improve, or lose market cap. I'll have to give some serious thought to shorting twitter. EDIT: It may be too late. It has already had major drops in the last quarter, and is down almost 50% off its highs from 2014. |
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I think it is a great way to stay up-to date on what happens in startup-land and in open source, the granularity with which you can follow people still fascinates me. Seeing that 95% of what active human accounts post is pretty useless, I don't see justification of a $20bn+ market cap, especially without growth.
PS: They've recently cranked up ads, next earnings report could surprise ...