...and there's really nothing stopping it from falling much much more. There's really no justification for the value placed on this company--or many other tech companies that have interesting offerings but haven't actually managed to create a real business.
TWTR will likely be marked as a turning point for the 'tech bubble 2.0' when tech companies get put in two camps. Those that are real business and those that are not. I don't think we're in a 1999-esque tech bubble but there are a lot of hyped up companies that aren't real businesses that need to get washed out of the system.
TWTR will likely be marked as a turning point for the 'tech bubble 2.0' when tech companies get put in two camps. Those that are real business and those that are not. I don't think we're in a 1999-esque tech bubble but there are a lot of hyped up companies that aren't real businesses that need to get washed out of the system.