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Twitter isn't exactly profitable at the moment (quite the reverse) and it's pushed past it's coolest-kid-on-the-block stage of the internet platform lifecycle.
by AimHere 10y ago
Twitter isn't exactly profitable at the moment (quite the reverse) and it's pushed past it's coolest-kid-on-the-block stage of the internet platform lifecycle.
I dunno about anybody else, but this gives me Myspace flashbacks - an entrepreneur offloads his slightly over-the-hill social media platform to a passing old media dinosaur in exchange for a ton of money, and leaves them holding the bag throughout it's inevitable decline. With Dorsey's leverage as a Disney board member, Twitter might be able to pressure or convince the company into doing things it wouldn't otherwise do, if it was thinking straight.
Maybe I'm wrong, of course, and Disney does have good plans for Twitter, but there's a little alarm bell ringing here.
- influx 10y agoIt would be trivial to make twitter profitable by laying off most of the engineering team in San Francisco, and moving the ops teams to the folks who run ESPN web properties. Just keep the lights on, maintain the software and it would mint money.
- jerf 10y agoOnly for a brief time. As Twitter stood still and the rest of the ecosystem moves on (and the biological metaphor is fairly apt here), all the other things in the ecosystem would figure out how to eat Twitter's lunch. Twitter's value (such as you may think it is) would depreciate fairly quickly in that scenario. It's not a mint forever. It probably wouldn't even be a mint on the timescale that, say, the Marvel cinematic universe has been and will be a mint.
- exstudent2 10y agoTwitter has been standing still for a really long time.
- jerf 10y agoOnly on the outside. Let it also stand still on the inside and the results will be different.