Platforms and Twitter And Of Course Stocktwits…


This post is by Howard Lindzon from Howard Lindzon


Twitter is a company I have written a lot about over the years.

Lately ‘the stock’ has had a great run.

Matthew Ball had a great Tweetstorm about the value of Twitter which investors should read.

An old ‘what is a platform?‘ couple of tweets stood out:

16/ @Benthompson talks about the famous “Bill Gates Line”: A platform is when the economic value of everybody that uses it, exceeds the value of the company that creates it. Then it’s a platform.”

and,

17/ For years, $Fintwit joked that Twitter is the best example or a platform (and therefore the worst business) because the value it creates is so, so, so enormously above what it captures. And it’s growing. Reason why @DanielSLoeb1, @plaffon and SAC joined Twitter last 6 months

It is always very gratifying seeing great investors discover Twitter’s ($fintwit) magic more than 14 years after I did and was inspired to start Stocktwits…this time Dan Loeb: