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TLDR; the reason per article is that Twitter killed their developer APIs. This in turn was caused by the event when board removed the visionary founder Ev Willi
by sytelus 10y ago
TLDR; the reason per article is that Twitter killed their developer APIs. This in turn was caused by the event when board removed the visionary founder Ev Williams and instead put in place a guy who saw Twitter as pure media company and had a job to turn it in to ad revenue platform. This meant no other properties can compete with Twitters own properties. Williams instead had envisioned Twitter as massive real time data collection system which can be monetized for insights which required welcoming all 3rd party apps it can. So bottom line is re-occurring story of board ejecting founder and his/her long term vision and replace with someone who is specialized in milking the product for quick profits.
- cookiecaper 10y agoCan you blame them for wanting to make money? In some sense they're victims of the VC funding cycle. "Spend billions and figure out how to make money later" has never been solid ground to build a company on, even if a couple of unicorns have pulled it off. Is there a way to get the adoption necessary as a bootstrapped product that knows how it's going to make money from day one?