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And... this marks the beginning of the end for Twitter as we know it.

Why do you say that? Facebook has been fine post-IPO.

Twitter is still losing money though... they haven't figured out how to make a profit. The fear is that what they'll need to do in order to make money will drive their user-base away.

That was the fear with Facebook too though. Newsfeed ads, FBX, etc were all unavailable pre-IPO, and were constantly referenced as the changes that will break Facebook.

I think Facebook could be much better (for users) if they hadn't IPO'd. Also, I don't think anyone really likes Facebook, it's just too big to fail. There's inherent conflict between profit and user experience (including privacy) in ad-based business models.

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