I earned several eye rolls and smirks when I tell colleagues I purchased shares of Twitter (TWTR) yesterday. I think they felt I was yet another victim of the latest tech bubble. How could I buy stock in what is now a $25 billion company that does not (and likely will not) earn money? They lost $65 million last quarter and yet the stock is currently trading around 22x 2014E sales, which is almost double that of LinkedIn (LNKD) and Facebook (FB). What a joke.
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To read the original article: Twitter: Invest In The Next Great Venture Capital Company [Google Inc, Facebook Inc, LinkedIn Corp] - Seeking Alpha
