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Twitter Board Disagreement Over Possible Sale

     
4:04 pm on Oct 5, 2016 (gmt 0)

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It seems Twitter's board members may be in dispute over whether to sell, or to remain on course with the objective of capitalising on its existing course, according to people familiar with the matter.

What do you think, has twitter got the correct course, or should they sell out?

Ev Williams, a former CEO who has a history of clashing with Dorsey, was in favor of exploring a sale. Other directors agreed they had a fiduciary duty to consider that option. The board ultimately decided to consider takeover prospects after getting an expression of interest from a potential acquirer, which led it to hire Goldman Sachs and Allen & Co. to evaluate possible bids. Twitter Board Disagreement Over Possible Sale [bloomberg.com]
9:57 pm on Oct 5, 2016 (gmt 0)

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it's a tough call. the obvious would be to cash out, we all know about the tech bubbles that happen - and i suspect many think twitter would be over valued and overpaid for.

having said that if they hang on tight i think they will make much, much more money in the long run ...

twitter certainly has issues, but that's for other threads.

the bottom line is that there is huge money being spent on online advertising, this pot is going to get bigger. i believe that traditional search will diminish - after all how much web traffic is now: youtube, instagram, facebook even pinterest, where the user barely leaves the site, that is their experience of the internet ... twitter has a massively used platform that is going to get more and more interest from advertisers. ... if it will be ad money well spent, who knows - but they certainly will get their share.
1:55 am on Oct 6, 2016 (gmt 0)

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Twitter has already sold out their user base (subject for another thread), and the advertising pie is only "THIS BIG" which means how big a slice they can create from that pie. I'd like to see the twits under new management, so recommend the cash sale now, before more ugly appears to queer the deal.