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> But they haven't turned a profit, which after 10 years is a strong indicator that they can't turn a profit. In those 10 years Twitter has changed leaderships
by onewaystreet 10y ago
> But they haven't turned a profit, which after 10 years is a strong indicator that they can't turn a profit.
In those 10 years Twitter has changed leaderships multiple times. Twitter has never had stable and competent management.
- imagist 10y agoThat's symptomatic of the problem, not causal. Despite leadership changes, Twitter has build a solid infrastructure, raised money, etc.--all the things that would make them a profit if their business model were at all profitable. Leadership keeps changing because nobody knows how to make it profitable, and we've tried enough approaches now that I think we can conclude it won't be profitable.