On Thursday, the social media network, Twitter, started sharing it's ownership to the public. This means that people could start buying stock and gaining money from owning a piece of the network.
With some of the recent losses Twitter has gone through this year and the question of whether or not the social network will burn out in the future, they seem to be doing relatively good. According to USA Today, Twitter has over $375 million dollars just laying around, ready to use. The company also doesn't care any debt that could affect them in the future which is spectacular for those who invested in the company's stock this week.
Twitter has been doing well over the past seven years they've been in business. They've had an increase of 44% of users every year, more than most social networks who seem to die out after a few years or in some cases, months.
Statistics:
- Since June, Twitter has had an average of 218.3 million users per month
- The amount of users keeps growing, worldwide.
- Advertisements on Twitter generate revenue that adds up to $495,000 daily
- The more daily views counted by daily viewers, the more money advertisements gain for Twitter
Overall, it looks pretty good for those who have invested in the new public stock of Twitter. The only threat on this is if the social media dies down, and as of this week, the government shut down. If the government shut down affects the selling of public stock primarily based on the stock market, that's where people could run into trouble who invested a lot.
First of all, I really liked how visibly appealing this post is. Also, I think this is a really good idea for Twitter because I think that it'll build trust between consumers and the company. Moreover, the 44% average increase in users over each year is an encouraging statistic that validates the success of Twitter.
ReplyDeleteJeff is right, Ashley. You did a good job of incorporating the best practices lessons about online text presentation into your post. Nice work.
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