Facebook was due to flop after going public also, but they have managed quarter after quarter of user growth and profits. Twitter has been public about a year less and investors (3 years) are getting antsy because it can't turn a profit, user growth has dropped to very little, people are tweeting far less, and they don't have any glimpse of monetizing what they have. The main thing is that people invest in a companies growth and betting on future profits, but there isn't any. Hence the stock price, and bringing back Dorsey to try and save the company.Facebook tanking into MySpace wouldn't impact Twitter when they can't turn a profit on the hundreds of millions of users they already have.
No comments yet.