Good point, I used the wrong word there. Meant any valuation remotely near where they are. $12B? LOL no way. $1B, sure.
I agree with your plan and would likely run the company like that -- except "just maintaining" a social network sounds like a long-term recipe for disaster too.
The share price would also tank with that plan, which of course won't fly being a public corporation. This is why they're in such a rough place.
I agree with your plan and would likely run the company like that -- except "just maintaining" a social network sounds like a long-term recipe for disaster too.
The share price would also tank with that plan, which of course won't fly being a public corporation. This is why they're in such a rough place.