Vox: Wall Street’s unrealistic expectations created a crisis for Twitter

No sympathy for Twitter here. Twitter chose whether and when to go public. If Wall Street is being mean to Twitter, tough nuts. It should have been no surprise; this is how Wall Street works.

With Disney and Google supposedly bowing out of the negotiations, Apple uninterested and Salesforce tepid at best, perhaps the best option would be for Twitter to go private with owners that are happy with the company as it is now — a middle-sized Internet global media platform, rather than a Facebook-killer. But could such buyers be found? Or would any buyer expect meteoric growth?

(Timothy B. Lee, Vox)

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