The Solution For Twitter (And Its Shareholders)

Twitter Inc TWTR shares have lost almost 20 percent since the company reported its quarterly earnings, as investors fear that the company will never be able to engage and monetize user base as it was earlier perceived to do. However, Roger McNamee, from Elevation Partners, thinks there is still hope for the company and its investors.

McNamee was on CNBC recently to discuss what the company needs to do to get back on track.

One Good Night Sleep Away From Figuring The Solution

"I really believe that Twitter is one of the greatest products ever and the message I would love to convey to the management team is to recognize that Twitter is, it is a data engine," McNamee began. "It is the most important news engine available to us. And they treat it, imagine if we were Wall Street investors and the only tool we had was the ticker at the bottom of the CNBC page."

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"That is what the news feed on Twitter is like. I think Twitter needs to become like Bloomberg or like CNBC and provide every possible tool for analyzing what's in their database. The notion that you can only look at their current stuff is ridiculous."

He continued, "I mean, Bloomberg became a multi-billion dollar company by giving investors every possible possible view of the data and I like to say about Twitter, they're one good night sleep away from figuring this thing out and then the company is worth a lot more."

Not A Buyer Right Now

McNamee was asked if he will buy Twitter at current levels. He replied, "Not on current course and speed, but the minute they make the recognition that, 'Wait a minute, I have this giant repository of news and I'm making people get it through a straw instead of through a fire hose?'"