And 2B in revenue - it's worth it for some private equity firm to come in, pay more than 10B, fire everyone except an essential staff and milk the revenue stream.
That's how I see it as well. A cash cow, a kind of infrastructure that never really adds anything new. Perfect for PE.
I was in their office last year, talking to people who had nothing at all to do with the core product. There seemed to be all sorts of APIs and whatnot that they are trying to push, all of it marginal in relation to what most people think of Twitter.
