Just three months ago Carnegie Mellon University's Vivek Wadhwa told CNBC that "Twitter is toast."
Twitter's world looks very different now.
After all buying interest in the company dried up, Twitter reported earnings that beat estimates and reinforced the faith of its longtime shareholders.
"The world needs Twitter," said Bijan Sabet, co-founder and general partner at Spark Capital. The Boston-based venture capitalist was an early Twitter investor, and held a board seat until 2011. He's also a personal shareholder.
"I'd like to see Twitter remain independent and build something durable because they have the brand, the user base and the impact on the world to do it," said Sabet. He has a long-term view on the stock, unfazed by news about layoffs and strategic shifts.