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I was telling my brother earlier today how I have a nagging feeling twitter will end up as the myspace of short-message sharing. From the outside, it seems like
by zaidf 15y ago
I was telling my brother earlier today how I have a nagging feeling twitter will end up as the myspace of short-message sharing. From the outside, it seems like a confused org with too many changes at the top much too often. Add to that the main founder cashing out 100M and it sounds a lot different than a founder cashing out to buy a decent house etc. Instead it sounds like a founder who isn't sure twitter's value will increase a whole lot more.
To contrast all this, we have Zuck at facebook providing smooth stable leadership that can clearly be seen in how fb as a product has scaled and evolved. Twitter meanwhile may be scaling and sue that can require significant effort - but as a product in year five, it's a relative fail for the hype and valuation.
- coliveira 15y agoTwitter is the kind of company I wouldn't bet against... You have a lot of power when you get free advertisement 24x7.
- benologist 15y agoMySpace in their prime were ridiculously popular too.
- enjo 15y agoI feel like MySpace never quite penetrated the mainstream the way twitter has. It was always something people were largely aware of, but outside of the segments it did really well in, people rarely engaged with it. Twitter seems to be a bit different in that regard.
- benologist 15y agoBack then the internet hadn't penetrated the mainstream like it has now where we're always connected. Relative to that I think they're not incomparable.
- zaidf 15y agopeople rarely engaged with it IMO user engagement is one of twitter's biggest issues. As it stands right now, twitter is a great tool for journalist research and other niche research. That's been true for a few years now. The problem is twitter has done little to break beyond it OR to completely own that space. It's similar to if facebook never really broke out of its college roots or had high account abandonment rates for non-college crowd. Both of those were proven wrong for fb; fb long ago made critical product decisions to break beyond college(such as complete removing course listings) and working country by country to ensure penetration and engagement.