from United CPM:
Goldbugs must remember the Facebook IPO. It was disastrous. We felt so smug with our tangible comfort.
And now we are being sold on Twitter, which has no revenue, and doesn’t provide any products. Its service is instant communication. It’s seen as a surefire investment right alongside equities and investments. But, does this make sense?
Twitter is but a pittance in the digital marketing world. Sure, this means lots of room for growth. But, does Twitter really deserve the same market cap as Macy’s? Macy’s has millions and millions of revenue. Twitter has none. Mmmhmm…
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