CEOs: Twitter is the Most Overvalued Tech Company [STUDY]

CEOs: Twitter is the Most Overvalued Tech Company [STUDY]

Twitter has 271 million active users, but quarterly revenues of just a few hundred million dollars. Despite the latter it boasts a market capitalisation in the tens of billions.

So, is Twitter overvalued? Yes, says a new study – and they’ve asked the people who should know.

In its first Silicon Valley Insiders poll, The Atlantic asked a panel of 50 executives, innovators and thinkers about their thoughts on a number of key tech issues. When asked which tech company was the most overrated, 17 percent of respondents cited Twitter, which finished first in the poll, ahead of Uber (13 percent), Snapchat (7 percent) and Facebook (also 7 percent).

CEOs: Twitter is the Most Overvalued Tech Company [STUDY]

When asked which technology or tech company posed the greatest risk to personal privacy, Facebook finished first amongst tech platforms, ahead of Google. But 16 percent of respondents said that unconcerned citizens and a generally complacent culture were a bigger threat to personal privacy.

CEOs: Twitter is the Most Overvalued Tech Company [STUDY]

You can read the full report here.

(Source: The Atlantic.)