You guys talking about profitability may as well be in the same boat as when Facebook was rumored to file many years ago.
The question is not about profitability at this point. Remember when everyone was worried about Facebook making money on adds?
The question is simply around it's viability as a platform as 1) news resource, 2) growth in paid for ads, 3) promotion payments and 4) growth in users
Just like Facebook, twitter should struggle with profitability because that is not the goal at this time.
The S-1 should come out in a few days if it is truly scrubbed post SEC comments, if it was a draft you'll have to wait a few more weeks. Either way the filing is going to give you enough to make comments regarding profitability.
It's getting rather interesting considering what Carl Ichan has done already, he is basically saying twitter is a legit news source through their verification. He has to file tweets with the SEC, pretty interesting IMHO.
Anyway my bet is that it's 20 days or so for filing so just wait till then.
Also it's kinda funny that they tweeted only as a proof point that it's the fastest way to new information.
Tough call without any numbers infront of you.
The question is not about profitability at this point. Remember when everyone was worried about Facebook making money on adds?
The question is simply around it's viability as a platform as 1) news resource, 2) growth in paid for ads, 3) promotion payments and 4) growth in users
Just like Facebook, twitter should struggle with profitability because that is not the goal at this time.
The S-1 should come out in a few days if it is truly scrubbed post SEC comments, if it was a draft you'll have to wait a few more weeks. Either way the filing is going to give you enough to make comments regarding profitability.
It's getting rather interesting considering what Carl Ichan has done already, he is basically saying twitter is a legit news source through their verification. He has to file tweets with the SEC, pretty interesting IMHO.
Anyway my bet is that it's 20 days or so for filing so just wait till then.
Also it's kinda funny that they tweeted only as a proof point that it's the fastest way to new information.
Tough call without any numbers infront of you.