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I had bought some Twitter stock earlier this year, and immediately sold it when the buyout rumors started because I knew it wouldn't get a bid higher than that
by partiallypro 10y ago
I had bought some Twitter stock earlier this year, and immediately sold it when the buyout rumors started because I knew it wouldn't get a bid higher than that with Jack at the helm.
It is dismal that they walked into meetings with Google, Salesforce, Disney, etc and they turned up their nose. Truly telling.
I've been a very harsh critic of Twitter's leadership, especially Jack Dorsey for a while now. Think of this scenario, the NFL just signed a distribution deal with the NFL, something they will probably lose money on. However, the NFL just released new social media rules barring gifs and replays until after the game. How did Twitter's leadership not put this together? You already have an existing relationship and leverage with the NFL.
You could have easily managed to make replays exclusive to Vine. That's exactly what Vine is good for. Imagine NFL teams having to post your social network on every other social network so people could watch replays? No one cares about Thursday Night Football, it's a garbage schedule with low ratings. The money was with the replays, and they completely missed the boat on leveraging their platform with the NFL's new rules.
That's just one example of total incompetence. Twitter is lucky that it is now a backbone to journalism more so than Facebook, if that ever gives way...watch out.
- Disruptive_Dave 10y agoI'm not a Vine user but the #1 value that service brought to my life is via sports replay clips. They excelled at it.