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Uh, most of that money was from the IPO and that was probably done because founders/early investors wanted to cash in. I'd say the vast majority of that funding
by jliptzin 11y ago
Uh, most of that money was from the IPO and that was probably done because founders/early investors wanted to cash in. I'd say the vast majority of that funding was not necessary to scale to where they are today.
- MichaelGG 11y agoReally? Wikipedia shows they raised over a billion from investors before IPO (including individual rounds of $800M and $300M.) Of the $800M, half went to cash out. I'd agree though that at least technically, to deliver the core user product, this money simply wasn't needed. (It might have been needed for advertising or building up contracts, etc.)
- eggie 11y agoIt didn't help improve the interface much. For example, on this site the interface shows me quickly who is replying to whom. A billion dollars in and Twitter still can't do this. They tried to be the world's largest chat room and basically came up AOL.
- cpeterso 11y agoAnd the UI changes they have made are demonstrably worse, such as their seemingly random threading, constantly losing page scroll position, and repeating earlier tweets.