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Twitter is cheaper than it's ever been

Potential buyers are circling around Twitter again, according to a report by Jessica Lessin in The Information. This time it's big-time tech investor Marc Andreessen in conjunction with private equity firm Silver Lake. 

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Why would they buy it?

Because Twitter, despite all its problems, still has 300 million users and is on track to book $3 billion in revenue this year, up 50% from last year. Plus, as of last Friday, Twitter stock was cheaper than it's ever been since the company went public, as this chart from Statista shows. It's up about 8% this morning, but still well below its IPO price, with a market cap under $13 billion.

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Statista
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