"The problem with Twitter isn’t its performance. The real problem is its investors have disproportionately high hopes.Twitter’s investors are the problem—not its business strategy - Quartz
Twitter went public before its business had fully matured. The timing of its IPO was largely determined by the fear that the generally buoyant stock market could take a turn for the worse at any moment. The company’s many founders and investors were also eager to become liquid as soon as possible. In contrast, companies like LinkedIn and Facebook went public when their revenue engines were well-oiled. That’s why they’ve been able to deliver quarterly results that satisfy shareholders."
Monday, October 19, 2015
Twitter’s investors are the problem—not its business strategy - Quartz
Tangentially, Steve Ballmer Buys Into Twitter (NYT)