First of all, the amount in question is 20 million dollars down to 10 million? That is really insignificant, and this feels meaningless in the context of discussing Twitter's performance. It's not a large sum to write down.
They also agreed to the Twitter deal in March/April. If a fund manager bought Twitter 1 month ago, or looks like the write down was from the price it was 2 months ago, then they needed to get their head checked, no one would touch Twitter at $44 Billion in October.
They also agreed to the Twitter deal in March/April. If a fund manager bought Twitter 1 month ago, or looks like the write down was from the price it was 2 months ago, then they needed to get their head checked, no one would touch Twitter at $44 Billion in October.