Biz Stone: “We’re not for sale.”
Twitter has been officially declared “off the market” today by Biz Stone during today’s appearance on what has been loosely termed “daytime talk show,” The View.
This follows a trail of red-hot rumors that all manner of large tech companies were in line to buy the company, ranging from Google to Microsoft, and most recently Apple.
Adam Ostrow at Mashable claimed to not be surprised by the decree, but we are here at SiliconANGLE. It isn’t that we thought Apple and Twitter would be a great fit – that sort of acquisition makes little sense at all. That Twitter is taking itself off the market seems foolish for a number of reasons.
Most importantly, Twitter needs the buzz. Aside from the hunt for the missing business model, one of the most enjoyable dances for the blogosphere is to matchmaker them up with a buyer.
Even more importantly, though, is that their star can only rise so much further before it starts to fall. Mark Zuckerberg and the Facebook crew has seen a rapid decline in the public’s willingness to believe that the company is still worth upwards of $2 billion, let alone the $15 billion valuation they want us to believe.
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