According to Compete.com (https://siteanalytics.compete.com/twitter.com/) Twitter traffic has been steadily dropping for the past year. It’s no wonder they are rushing their IPO while they still can. Twitter is another Internet company with no clear monetization company that has been using a strong-arm PR strategy trying to dupe people into thinking it’s worth billions.
We don’t have an issue with Twitter. It’s a cool website and it’s useful in some ways. The problem with have is with it’s founders and investors saying it’s worth billions. Sorry to disappoint you guys, you are not worth billions. The primary function of a business is EARNING money by definition. What has twitter earned? Does it have a strategy to monetize? Nope, and nope.
Beware, fellow investors.
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