Great thoughts Alex. In agreement that the mDAU target is anchoring the stock, and I am doubtful they reach it by FY23. Whilst I think that doesn't actually matter, it certainly matters for the stock.
I agree with your take here, as a former TWTR owner/bull, I believe the service continues to be very valuable and under-monetized. But the probabilities are not on TWTR's side. And the decision is made easier when I think about owning FB/META instead (even with potential capital misuse).
Great thoughts Alex. In agreement that the mDAU target is anchoring the stock, and I am doubtful they reach it by FY23. Whilst I think that doesn't actually matter, it certainly matters for the stock.
Thanks Conor, it sounds like we're in agreement. Have a great day!
I agree with your take here, as a former TWTR owner/bull, I believe the service continues to be very valuable and under-monetized. But the probabilities are not on TWTR's side. And the decision is made easier when I think about owning FB/META instead (even with potential capital misuse).
Thanks for the thoughtful comment George!