Why Twitter is Worth $12 Billion

• Posted by James Altucher

Here’s why Twitter is worth $12 billion or even much more.

Because every Thursday from 330-430 PM EST I do a Q&A on Twitter where people ask me stuff and I answer. I answer maybe 150-200 questions in that hour or so each week.

Ok, that might only account for $0.38 of Twitter’s market cap. But still. I can dream.

Curt Wehrley posted a summary of my Q&A on his site.
Here is the summary and I hope you can join me for the next Q&A this Thursday (later today). I’ve been doing them for about 2.5 years now and I’ve only missed one or two weeks. I really like doing it.
Question: How should I choose between 3 job offers?

James Altucher: Take the job with the nicest people.

Q: What are 3 key things that Treach taught you and can teach others?
JA: Everything’s gonna be alright.

Q: What would you tell your 25-year-old daughter to do with her life?
JA: If my daughter was 25 i would tell her to explore as many options as possible. my career has changed 5x since i was 25…degrees have zero percent correlation to future success. None at all.

Q: I’m agnostic, looking for evidences to believe in some god, or force. Why do you believe?
JA: There’s no reason to believe in anything. just every now and then hold up your hands and say “thanks”. that’s it…there’s no reason to care about evidence or experience. be compassionate, say thanks. and thats all you need… it doesnt matter if you believe or not.



Q: I have 3 children’s books on Amazon. What other ways to make money from them in addition to direct sales?
JA: Get distributors who market to schools. write more books

Q: How do I get over my fear of reaching out to acquaintances out of the blue (ie “networking”)?
JA: Come up with ideas for them that can improve their businesses and/or lives. tell them thank you and why

Q: My wife’s a talented writer but she doesn’t believe in herself, how do i convince her?
JA: You cant convince anyone of anything. nobody will ever listen. let her find her own way and she will, whatever way that is

Q: Have you ever used a strategy where you followed demand where money was flowing & then found a way to get in the middle of it?
JA: That’s the only strategy to follow.

Q: How important are status symbols in your life? (The kind of clothes you wear, the car you drive). Do they matter less as you age?
JA: All status symbols are tiny things. LIFE is a big thing. I stay focused on the big things. The big thing in life is to focus on providing more value to people than they expect. the rest comes then

Q: Is currency trading for suckers?
JA: All currency traders seem to forget that their opponents are Vladmir Putin and Ben Bernanke.

Q: How much do you write on an average day?
JA: 1000-10000 words a day. If you want to write that and reading for 2-3 hours a day is what you have to do.

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