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Twitter Flunks Examination as University Endowments Dump Stock

posted by cmn32480 on Wednesday August 19 2015, @05:48AM   
from the how-many-social-media-site-are-too-many dept.

patella.whack writes:

The Guardian reports on Twitter's recent troubles:

America's smartest schools have given Twitter an F. Harvard, Yale and Stanford universities have all sold big chunks of their Twitter stock as the nine-year-old social media company struggles to prove to investors it has a trajectory of growth.

Yale University...sold all of its 34,345 shares in Twitter – worth just under $1m at Monday's stock price – over the last quarter. Harvard University...sold 29,856 Twitter shares between April and June. Stanford...sold 18,000 shares.

The universities' sell-offs come as Twitter flounders without a permanent chief executive and analysts increasingly question the company's future as its once-stunning user growth slows to a trickle.

Twitter's shares have collapsed from $52 in April to $29 on Monday, a drop of 44%. Over that period, Yale's Twitter holdings dropped in value by $788,000.

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Original Submission

• Re:user base growth follows population growth Re:user base growth follows population growth (Score: 2) by davester666 on Wednesday August 19 2015, @07:02AM

  by davester666 (155) on Wednesday August 19 2015, @07:02AM (#224866)

  No. They are trying to get more followers.

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• Re:user base growth follows population growth Re:user base growth follows population growth (Score: 2) by FatPhil on Wednesday August 19 2015, @07:56AM

  by FatPhil (863) <{pc-soylent} {at} {asdf.fi}> on Wednesday August 19 2015, @07:56AM (#224877) Homepage

  One assumes twitter's population will have the same curve as myspace's. It starts out looking like the logistic distribution (which starts out looking exponential), or the malthusian "S", but eventually turns into a malthusian "J".
  
  I'd really like to see some real world stats on active user-base for the fucking-stupid-faddy-trendy "my" sites of yore, like myspace. (I've forgotten so many of them already, to be honest. Geocities and AOL home pages probably count too.)

  --
  Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves

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  • Re:user base growth follows population growth (Score: 0) by Anonymous Coward on Wednesday August 19 2015, @08:23AM

    by Anonymous Coward on Wednesday August 19 2015, @08:23AM (#224883)

    Doesn't your XKCD hero Randall have a special hatred of Friendster for some inane reason.

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