Contrast the fortunes of Twitter with that of the UK national press group Express Newspapers.
The former has lost some £2bn since its launch in 2006 and has a market capitalisation of more than £20bn.
The latter made an EBITDA profit figure of £34m last year and has delivered healthy returns every year since it was bought by Richard Desmond in 2000 for £125m. It was just bought by the UK’s largest newspaper publisher Trinity Mirror for £126.7m in a deal which valued the business at £184.2m (just over five times annual profits, so in relative terms – a pittance).
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