Bitcoin Forum
March 28, 2024, 09:23:45 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: snapchat value > bitcoin cap, twitter value X 5 times bitcoin cap  (Read 4347 times)
Melbustus
Legendary
*
Offline Offline

Activity: 1722
Merit: 1003



View Profile
November 14, 2013, 08:22:13 PM
 #21

lol @ twtter ipo what a joke the stock market is


I think Twitter's valuation will be proven, eventually. Twitter is a great (ie, useful) platform that likely has staying power. Much more proven than SnapChat, and targeting a stickier userbase too (ie, twitter is professionally useful and has a wide demographic). Because it doesn't make money now is not all that relevant. They'll figure out how to monetize it. People were lambasting Facebook's $10B private-market valuation pre-IPO, when they had almost no revenue, and now those prices would be a fantastic deal.


Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!