Hacker News new | past | comments | ask | show | jobs | submit login

> What? I don’t get it. So almost 3 years and “growing profile” to reach the same valuation? What was the growth for?

In fairness, that was a frothy time for stocks. Twitter stock price was at an unsustainable price (IMHO) when he bought it.




Compare market cap of others in their segment: Meta has grown a lot since then, Snap not so much.


To be fair, twitter hasn’t really competed or been comparable to Meta for a while.

Not saying that they aren’t competitors, but it is more like they have been out-executed by Meta even before Musk’s acquisition. Way before.

To be more fair, any company being compared to FB would mostly look worse.


Nvidia in same timeframe far outgrew Meta, maybe no other major ones, except maybe netflix recovering from an even earlier drop. A good portion of Meta's gain was just getting back to where they were before the Apple store changes induced drop (that also hit Twitter).




Consider applying for YC's Summer 2025 batch! Applications are open till May 13

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: