Twitter has undeniably become the new king of social media. It allows people to share what they're doing and how they're feeling with the world in real time, and, unlike other outlets, to interact with celebrities on a personal level and be inundated with information from news sources. Twitter is fun, easy, and unique and, as a result, has experienced long-standing and exponentially increasing success.
The executives over at Twitter decided that they could best exploit Twitter's dominance by going public, and, a little over a week ago, did just that. In it's initial days, Twitter's stock values have soared, but many speculate as to whether this boom will continue--perhaps with good reason. After examining that Facebook bubble, some financial experts believe that Twitter will follow suit in Mark Zuckerberg's fall. Social media sites are only worth how many users it has, and declines of ostensible empires like Facebook occur when competitors push them out.
It is undeniable that social media sites' value entirely depends on their popularity, and Facebook's stock plummeted as it gradually became less desirable to the public, but what many do not consider is that Twitter has already battled the storms brought on by rival outlets--including Facebook. For example, when Facebook bought out Instagram, Twitter responded by developing Vine, which, too, continues to become favorable to its users. It appears that Twitter is more robust than many give it credit for, and I, personally, do not see why Twitter's stock will not maintain or even grow.
Facebook had a rough start, but they are doing fine now. We are comparing these two social networking sites strictly because they are rivals, and I believe that Twitter learned from the mistakes Facebook made in their launch so they will have a better start. It is very hard to predict the future of stocks, but I think Twitter will do just fine. They are off to a good start and I hope this continues in the future,
ReplyDeleteThey are more robust companies than most folks give them credit for. It is important to remember that they have been around for a long time given the normal life of social media outlets. It is likely that they will continue on and succeed for awhile. Whether these stock prices are warranted, however, is a different question.
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