> I mean it’s such a bizarrely undervalued company.
Is it, though? Snap's market cap is $56 billion right now, and they have more MAU than Twitter (~320 million vs ~220 million).
Is it, though? Snap's market cap is $56 billion right now, and they have more MAU than Twitter (~320 million vs ~220 million).
So I’d agree it’s undervalued in terms of utility if it’s not priced an order of magnitude or more higher than Snap.
Whether that value can or should be captured as profit or is a public good, implying Twitter should operate more like a utility or non-profit is another question…
Someone else will have to point you to the debate on really important topics.
Anecdotal counter point: I'll be powerful and influential one day, and I'm not using Twitter at all.
On a more serious note, I haven't seen any evidence for the claim that powerful people form their opinions from information on Twitter.
how would you know you won't be using twitter when you do become powerful?
In other countries I haven't seen a lot of Twitter logos on TV.
See also: Reuters / Associated Press / etc.