No one wants to buy Twitter
Found on The Verge on Sunday, 16 October 2016
The emotional roller coaster that is Twitter’s future seems to have hit a new low today as Salesforce CEO Marc Benioff tells the Financial Times his company has “walked away” from making a bid to buy it.
That’s going to put even more pressure on Twitter to figure out a way to restart user growth, which has ranged from “stalled” to “slow” over the past year. Twitter’s revenue has also been growing slowly, and it’s unclear if its new embrace of live video — like streaming NFL games and the presidential debates — has been helping.
Nobody wants to buy a sinking ship; and if you think about it, it's a surprise that Twitter got that big. It's like the .com bubble is happening all over again.