Twitter Shares Plunge On Report Bidders Are Scarce

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Forget about the fact that no one wants to buy Twitter for a moment. What I really want to know is how a company that still hasn't turned a profit after ten years can have a $14 billion valuation. Even if someone bought Twitter, all they would have is a company that's only apparent super power is the ability to burn through money.

Twitter <TWTR.N. shares plunged on Thursday, a day after technology website Recode reported that Alphabet's Google and Disney would not bid for the social network and Apple was unlikely to be a suitor. The company has requested binding acquisition bids within the next two weeks, Reuters reported on Wednesday, and hopes to wrap up sale negotiations before the end of the month.
 
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BloodyIron said:
Twitter is a damn useful tool. If Facebook buys it we're all fucked.
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How? I have had a twitter account since a bit after it became a thing.

I have tweeted maybe 5 or 6 times.

The ONLY use I have really gotten out of it is for drawing entries for giveaways.

Pretty much useless IMO.

I am also not aware of ANY of my family or friends using it.
 
I heard Disney was interested in buying Facebook...

(To person waiting in line): Oh hey, did you hear Disney was going buy Starbucks, crazy huh.

*waits for my shares to rise.* It's really not hard to see what's going on here. They're more likely to find a foreign buyer with a strong political agenda and cash to burn.
 
Such bombastic language surrounding this makes the articles essentially click bait. The current price of Twitter is still higher that it had been even 2 weeks ago. Speculators drove the cost up hoping for a quick payout. That no longer appears to be the case, so the speculators are getting out. If this stock is really cratering, then short the stock.
 
BloodyIron said:
Twitter is a damn useful tool. If Facebook buys it we're all fucked.
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Was. Now it's pretty much is an oppression Olympics and mob organizer similar to Tumblr. And just like Tumblr if they are anyone attempts to clean it up everyone will complain that they are being silenced.
 
It's the modern day version of a VC-backed pyramid scheme.

They were all throwing money at it setting an insane valuation and P/E ratio (as in all to none), the only people who made money are the earlier rounds.
 
-PK- said:
I heard Disney was interested in buying Facebook...

(To person waiting in line): Oh hey, did you hear Disney was going buy Starbucks, crazy huh.

*waits for my shares to rise.* It's really not hard to see what's going on here. They're more likely to find a foreign buyer with a strong political agenda and cash to burn.
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Don't they already have Saudi interests involved? So more foreign buyers, blah.
 
Follow my logic...

HardOCP is more profitable than Twitter -> Twitter is worth $14Bn -> HardOCP is worth more than $14Bn

Whaddya think?
 
Well, it varies of course from one person to the next, so let me share how it's helpful to me.

  1. I can reach out to multiple municipal departments, including transit, the mayor, and even the police! I shit you not, I've had all of them respond in a timely and reasonable fashion.
  2. I can reach out to businesses, be it regular ones, or utilities. I've reported all kinds of issues, such as power, cell coverage issues, all sorts! Most of the time they respond quite well too.
  3. I run gaming events, and I have used it fairly well to interact with our audience, as well as promote our stuff. When we were running tournaments at an Expo earlier this year, one of our vote polls started a subreddit war between /r/tf2 and /r/csgo and we had massive attention! It's been way better to us than FB in this regard.
  4. I have reached out to all sorts of people worldwide for incidental/obscure reasons. Sometimes IT stuff, sometimes just to see how an event a contact is at is going.
Don't get me wrong, I didn't get it at first either. I'm not even sure I fully get it yet, but it is very useful, and rather lightweight. It's kind of like a telegram, except _everyone_ (ish) is on-board. I particularly like that I can reach businesses/orgs so readily!


cyclone3d said:
How? I have had a twitter account since a bit after it became a thing.

I have tweeted maybe 5 or 6 times.

The ONLY use I have really gotten out of it is for drawing entries for giveaways.

Pretty much useless IMO.

I am also not aware of ANY of my family or friends using it.
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Any tool can be misused, just look at the hammer. Don't let a vocal minority taint your vision. There is plenty of unrelated great stuff going on with Twitter.


Ryokurin said:
Was. Now it's pretty much is an oppression Olympics and mob organizer similar to Tumblr. And just like Tumblr if they are anyone attempts to clean it up everyone will complain that they are being silenced.
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BloodyIron said:
Any tool can be misused, just look at the hammer. Don't let a vocal minority taint your vision. There is plenty of unrelated great stuff going on with Twitter.
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It doesn't really matter if they are the minority, when you have press making stories about how misogynist the site is that's going to run people with money off. They are creating enough noise to keep the narrative going and eventually that leads to people assuming it's true.
 
I wonder what ESPN, athletes, shallow movie stars and pop princesses are going to do if TWITter goes under?
 
Don't worry, Twatter will soon have company aka Snapchat if that outrageous 25 billion dollar farce of a valuation pans out.
 
sir-gold said:
What exactly does twitter sell anyway?
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Personal information and possible ad revenue. Twitter has potential considering the amount of celebrities that use it. Once it becomes properly monetized it will be a temporary cash cow until people move onto the next big thing. There's no way to properly assess the value of social media sites other than users and views.
 
lol so reporters with no credibility are going to skew information and business people are going to make serious business decisions based solely on these source(s)? Yeah, business decisions like that aren't made so lightly...


Ryokurin said:
It doesn't really matter if they are the minority, when you have press making stories about how misogynist the site is that's going to run people with money off. They are creating enough noise to keep the narrative going and eventually that leads to people assuming it's true.
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BloodyIron said:
lol so reporters with no credibility are going to skew information and business people are going to make serious business decisions based solely on these source(s)? Yeah, business decisions like that aren't made so lightly...
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If they care about their brand they will. It's the same reason 4chan is struggling for money and why Reddit tried to clean up their appearance. Let's say Disney, who was rumored to be in the running actually did buy Twitter. Do you not think that the WSJ, Money or Slate are not going to make articles asking what are they going to do about the reported harassment and abuse that happens on the service? Pretty much all three have made stories asking about it in the past month. It's not going to go away because it's now apart of a corporation, if anything the complaints will get louder.
 
Lmao this should serve as an example of what happens if you cater to the demands of Fearmenists, Social Justice Warriors, Liberals, Black Lies Matter and the LGBTA what ever new acronym they come up with next, your company will Tank, ask CNN,That Arizona newspaper that endorsed Hillary, Glen Beck, Yahoo, NFL etc it never works
 
I'd buy Twitter for like 10 bucks just to have the pleasure of firing the SJW Committee.
 
Steve said:
all they would have is a company that's only apparent super power is the ability to burn through money.
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Its not always about making money.

Some would buy it just so they can monitor and influence public discourse. We see that Twitter is already quite political, censoring Milo, wikileaks, negative Obama remarks, etc. SuperPACS spend millions upon millions of dollars every election cycle for a modicum of influence, like Hillary spending $6 million on CTR (Correct the Record) which astroturfs online forums, making pro-Hillary posts and anti-Trump posts and vote brigaiding.

That's likely one of the reasons that the Saudi prince for example invested so heavily in Fox, and sure enough Fox wouldn't allow any anti-Saudi news to hit the airwaves, or else it would piss off one of its largest single shareholders.

Information is power, and twitter has a lot of info and ability to influence the dissemination. That's worth something.
 
There's a word for it, "liars". If people present false information about a business, and that impacts their business operations/profitability/value, that business has grounds for suit. That's the point you completely just missed.


Ryokurin said:
If they care about their brand they will. It's the same reason 4chan is struggling for money and why Reddit tried to clean up their appearance. Let's say Disney, who was rumored to be in the running actually did buy Twitter. Do you not think that the WSJ, Money or Slate are not going to make articles asking what are they going to do about the reported harassment and abuse that happens on the service? Pretty much all three have made stories asking about it in the past month. It's not going to go away because it's now apart of a corporation, if anything the complaints will get louder.
Click to expand...
 
BloodyIron said:
There's a word for it, "liars". If people present false information about a business, and that impacts their business operations/profitability/value, that business has grounds for suit. That's the point you completely just missed.
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So they are going to sue individual people? Why haven't they done it already? A perfect start would have been Gamergate. Oh wait, they banned people over that and continue to do so to this day. No one is reporting false information, it's events that happened, legit or not. It creates a bad rep and it becomes a gamble on if you can change the rep, or if it's gone on too long to be worth it.
 
Steve said:
Forget about the fact that no one wants to buy Twitter for a moment. What I really want to know is how a company that still hasn't turned a profit after ten years can have a $14 billion valuation. Even if someone bought Twitter, all they would have is a company that's only apparent super power is the ability to burn through money.

Twitter <TWTR.N. shares plunged on Thursday, a day after technology website Recode reported that Alphabet's Google and Disney would not bid for the social network and Apple was unlikely to be a suitor. The company has requested binding acquisition bids within the next two weeks, Reuters reported on Wednesday, and hopes to wrap up sale negotiations before the end of the month.
Click to expand...

Sky-high stock valuations these days are nothing but a bubble caused by unprecedented money printing by central banks worldwide driving bond yields to the ground, leaving yield starved investors dabbling into riskier assets like stocks.
 
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