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The company Jack Dorsey is CEO that is doing well isn't Twitter. If he is thinking logically, that would be where he will focus all his resources. Twitter need

The company Jack Dorsey is CEO that is doing well isn't Twitter. If he is thinking logically, that would be where he will focus all his resources. Twitter needs and deserves a full-time CEO or to get sold to a larger company that can do something with it.

uptown 9y ago
I still feel Bloomberg LP would be the ideal buyer of Twitter.
- sebleon 9y ago
  Bloomberg could not afford Twitter - their market caps are $22Bn and $17Bn, respectively.
  - deleted 9y ago
    [deleted]
  - adventured 9y ago
    Bloomberg is worth $50+ billion. They could afford Twitter. Michael Bloomberg is worth an estimated $52 billion per Forbes. He owns 88% of Bloomberg the company, and nearly all of his wealth is wrapped up in the company. It's an extremely profitable business with $9+ billion in revenue. It was worth ~$22 billion during the great recession, when Michael Bloomberg repurchased 20% of the company (rather brilliant timing, buying it from Merrill Lynch). That was a decade ago. https://www.forbes.com/profile/michael-bloomberg/ https://www.forbes.com/profile/michael-bloomberg/
    - RyanZAG 9y ago
      I'd guess he has more profitable and more useful things to spend his money on than Twitter.
      - adventured 9y ago
        Defending that archaic terminal monopoly for one. In all seriousness, as savvy as Bloomberg has been throughout his career, I'd expect him to wait until valuations plunge again, before making any big moves. I also wouldn't expect them to bother with Twitter. He's a signer to the giving pledge. At nearly 76, he's no doubt facing a serious decision about what to do with his company. I'd expect either a public listing, or a sale to a large financial firm (JP Morgan etc).
        mcintyre1994 9y ago
        Surely regulators wouldn't let Bloomberg be bought by a large financial firm whose competitors all rely on the data?
        whatok 9y ago
        I wouldn't even worry about regulators in that case. What financial institution is going to rely on a product that your competitor has control over?
dbbk 9y ago
Or he might take the Marissa Mayer approach and say hey, the other one is a harder challenge, and thus more interesting.

uptown 9y ago

I still feel Bloomberg LP would be the ideal buyer of Twitter.

sebleon 9y ago
Bloomberg could not afford Twitter - their market caps are $22Bn and $17Bn, respectively.
- deleted 9y ago
  [deleted]
- adventured 9y ago
  Bloomberg is worth $50+ billion. They could afford Twitter. Michael Bloomberg is worth an estimated $52 billion per Forbes. He owns 88% of Bloomberg the company, and nearly all of his wealth is wrapped up in the company. It's an extremely profitable business with $9+ billion in revenue. It was worth ~$22 billion during the great recession, when Michael Bloomberg repurchased 20% of the company (rather brilliant timing, buying it from Merrill Lynch). That was a decade ago. https://www.forbes.com/profile/michael-bloomberg/ https://www.forbes.com/profile/michael-bloomberg/
  - RyanZAG 9y ago
    I'd guess he has more profitable and more useful things to spend his money on than Twitter.
    - adventured 9y ago
      Defending that archaic terminal monopoly for one. In all seriousness, as savvy as Bloomberg has been throughout his career, I'd expect him to wait until valuations plunge again, before making any big moves. I also wouldn't expect them to bother with Twitter. He's a signer to the giving pledge. At nearly 76, he's no doubt facing a serious decision about what to do with his company. I'd expect either a public listing, or a sale to a large financial firm (JP Morgan etc).
      - mcintyre1994 9y ago
        Surely regulators wouldn't let Bloomberg be bought by a large financial firm whose competitors all rely on the data?
        whatok 9y ago
        I wouldn't even worry about regulators in that case. What financial institution is going to rely on a product that your competitor has control over?

dbbk 9y ago

Or he might take the Marissa Mayer approach and say hey, the other one is a harder challenge, and thus more interesting.