If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(All Things D)   As IPO gets closer, Twitter tries growing up fast. Maturity is coming out   (allthingsd.com) divider line 15
    More: Obvious, IPO  
•       •       •

924 clicks; posted to Business » on 20 Dec 2012 at 8:19 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



15 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

Archived thread
 
2012-12-20 07:33:51 PM
the next facebook
 
/anyone want to bet that this IPO pulls a facebook?
 
2012-12-20 08:43:01 PM
We're entering the dumbest era of capitalism, ever. Might as well stock up on tulip bulbs.
 
2012-12-20 08:44:34 PM

namatad: /anyone want to bet that this IPO pulls a facebook?


Depends what the IPO is for.

Facebook had no reason to become a joint-stock company. Companies usually go IPO to amass a large amount of capital to expand operations or meet expenses. Facebook was not in this position. It had no problem securing financing to continue operations, its product was free, its support network (ie: users) was cheap and its expenses were all services: A gaggle of programmers, developers and designers to keep the API running.

The real reason Facebook went IPO was because its initial investors wanted to cash out. Almost all of the IPO did not go toward expansion of operations or hiring new divisions but directly into investors pockets. There were no dividends coming, hence the one-day cash grab and sell-off.

Facebook reached critical mass as a market idea three years ago and it has nowhere to go so it is stagnant. Everyone who knew anything about the company was well aware that this was going to happen.

If Twitter wants to do the same thing for its investors, then the same pattern will re-assert itself because Wall Street is full of short-sighted narcissists driven by greed and fear.
 
2012-12-20 09:20:07 PM

Phil Moskowitz: We're entering the dumbest era of capitalism, ever. Might as well stock up on tulip bulbs.


Keeping interest rates at zero means people that should just have a savings account making 6% are forced into the stock market casino. This will continue.
 
2012-12-20 09:41:28 PM

Ishkur: The real reason Facebook went IPO was because its initial investors wanted to cash out. Almost all of the IPO did not go toward expansion of operations or hiring new divisions but directly into investors pockets. There were no dividends coming, hence the one-day cash grab and sell-off.


Its initial investors have no issues with selling its ownership stake to anyone else (as evident by the huge grey market of facebook shares that abounded).  The real issue is that Facebook had too many shareholders.  It had no choice but to go public per SEC rules.  And then they royally fark'd the IPO up.

/and the real point of an IPO is to raise capital for growth and investments - even though the IPO was fark'd up - they achieved this goal in spades
 
2012-12-20 09:43:09 PM

Phil Moskowitz: We're entering the dumbest era of capitalism, ever. Might as well stock up on tulip bulbs.


A profitable company that you are not a fan of wants to go public and you declare it the "dumbest era in capitalism"?  Really?  Simply don't buy the stock and ignore it.
 
2012-12-20 10:14:51 PM

AcneVulgaris: Phil Moskowitz: We're entering the dumbest era of capitalism, ever. Might as well stock up on tulip bulbs.

Keeping interest rates at zero means people that should just have a savings account making 6% are forced into the stock market casino. This will continue.


But but but cheap money is good for every.. wait.

i.imgur.com
 
2012-12-20 10:50:38 PM
NOOOOOOO the rents are already to high in SF now. Damn Damn Damn
 
2012-12-21 12:00:11 AM
As someone who don't have a Twitter account, nor reads anything on Twitter, I think there will always be a segment of Internet users who don't understand what email is. Therefore, Twitter will continue to exist in some form.

My guess is that once Twitter's investors realize that only the most fame-craving 2% of users are actually willing to pay to have an account, they'll start actively monitoring every non-paid account, collecting and selling any market-worthy tweets to its sponsors to generate "relevant" advertising.

It only free because YOU are what is being bought and sold.
 
2012-12-21 12:28:24 AM

Phil Moskowitz: We're entering the dumbest era of capitalism, ever. Might as well stock up on tulip bulbs.


I believe they were trading tulip bulb FUTURES, not even the actual bulbs.
 
2012-12-21 03:37:42 AM

Funbags: As someone who don't have a Twitter account, nor reads anything on Twitter, I think there will always be a segment of Internet users who don't understand what email is. Therefore, Twitter will continue to exist in some form.

My guess is that once Twitter's investors realize that only the most fame-craving 2% of users are actually willing to pay to have an account, they'll start actively monitoring every non-paid account, collecting and selling any market-worthy tweets to its sponsors to generate "relevant" advertising.

It only free because YOU are what is being bought and sold.


I do see a use for Twitter, though. It's particularly good for covering shared large scale events. Watching sports or political debates, for example. And it was really good here in New Zealand when there was an earthquake in one of our cities for rapidly getting information out. Particularly to people who might have their phone with them, but no radio or other device. They also raised alerts and tweeted photos of hazards that could serve as a warning to others.

I went to a presentation at the US embassy in Wellington given by the information officer who was stationed at Tokyo during the Sendei earthquake. He stressed the importance of social networks, Twitter especially in disseminating information, particularly as new information is always coming in and it may take some time to elaborate on the details, but you want the basic information out there really fast.
 
2012-12-21 09:21:02 AM

thisispete: Funbags: As someone who don't have a Twitter account, nor reads anything on Twitter, I think there will always be a segment of Internet users who don't understand what email is. Therefore, Twitter will continue to exist in some form.

My guess is that once Twitter's investors realize that only the most fame-craving 2% of users are actually willing to pay to have an account, they'll start actively monitoring every non-paid account, collecting and selling any market-worthy tweets to its sponsors to generate "relevant" advertising.

It only free because YOU are what is being bought and sold.

I do see a use for Twitter, though. It's particularly good for covering shared large scale events. Watching sports or political debates, for example. And it was really good here in New Zealand when there was an earthquake in one of our cities for rapidly getting information out. Particularly to people who might have their phone with them, but no radio or other device. They also raised alerts and tweeted photos of hazards that could serve as a warning to others.

I went to a presentation at the US embassy in Wellington given by the information officer who was stationed at Tokyo during the Sendei earthquake. He stressed the importance of social networks, Twitter especially in disseminating information, particularly as new information is always coming in and it may take some time to elaborate on the details, but you want the basic information out there really fast.


Here is what I don't get: why would anyone follow an event like a major political debate on Twitter, which tells you what to think about the event, rather than watch the event itself? Groupthink is inherently destructive to the social fabric.

I saw a picture taken from the stage behind Obama during his first presidential campaign. The picture showed everbody there with phones up, broadcasting to the world that they were there.

That scares me. Major events are no longer about substance. They are all about making personal memories or forcing one's ideological perspective on the events to one's "friends."

Twitter is exactly the kind of thing that Carlin railed against and for very good reason. The amount of opinion-shaping revealed by IU's researchers by political parties on Twitter was astounding. The manipulation of public opinion by a handful of kingmakers is the primary value of Twitter. And that negates any small positive thing that might otherwise come from it.
 
2012-12-21 11:11:08 AM
The thing about Twitter is that people use it differently. Some use it to follow people they already know, and direct message them as if it were a text message... others use it for news updates, others just to troll or gain followers for the sake of gaining followers... it's all about what you want to get from it. Yes, I like watching a sporting event on t.v. and scroll through twitter at the same time, because I don't have many friends here in Chicago that like the same teams I do, coming from Michigan. It's also nice if you can't watch a game on t.v. and would like to be updated in a less formal, "espn play by play" sort of way. I also use it to be entertained. If you're funny on Twitter, I may follow you for a while. It's sharing information with people you might like if you lived next door to each other. Someone I follow says "have any recipes for drinks that are purple?" and I reply back with one. I guess my point is that not as serious as some people try to make it out to be.
 
2012-12-21 12:54:09 PM
I believe they were trading tulip bulb FUTURES, not even the actual bulbs.

The funny thing is that the guy who basically started the tulip bulb craze never bothered to cash out, always thinking the price was going to go up exponentially forever. He died basically penniless, but today his art is some of the most valuable in the world.

So he's got that going for him....which is nice.
 
kab
2012-12-21 01:09:11 PM
More proof that shareholders ruin everything.
 
Displayed 15 of 15 comments

View Voting Results: Smartest and Funniest


This thread is closed to new comments.

Continue Farking
Submit a Link »






Report