Monday, October 24, 2016

Bronte Capital on Twitter

It seems that great minds think alike. Well, at least there is some consensus on Twitter. Check out this blog post from Bronte Capital.

One of the money quotes:
I received a lot of anecdotes and wild parties and profligate spending, and the plural of anecdote is data - but few things are as convincing as the raw numbers. The conclusion is inescapable. Jack Dorsey - the Twitter CEO - should be fired.
And another:
PS. Twitter staff - I am not exaggerating. Look at the young man on your left and the young woman on your right. Only one of you three will keep your job. Don't worry. It should be worse in the C-Suite. Prepare resumes.
In the spirit of Halloween, it seems all the potential buyers have poked that zombie with a stick and their finance guys got a whiff of the rotting corpse and said "nope". I am looking forward to the next quarterly report.

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