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Was the company really on its way to failure? It was rudderless and with no profit, but with him as CEO would he really struggle to keep finding VC funding? He
by kranke155 4y ago
Was the company really on its way to failure? It was rudderless and with no profit, but with him as CEO would he really struggle to keep finding VC funding? He could have slowly attrited the workforce over 3 months, 6 months, while defining a future vision, making sure he’s got everyone he needs and that he’s found the Jony Ives of twitter (exceptional workers who were stifled by the bureaucracy).
Instead he’s nuked the company workforce? I dunno. Seems a bit reckless to me. Why would twitter be under so much pressure?
- havblue 4y agoA social media company that's stagnating typically doesn't have much time to remain viable before they'll give way to the next big platform. I think they only had a few years left before they became the next myspace anyway. This isn't to say that firing so many employees, trying to quickly roll out a change in the blue checkmark system and scaring off advertisers was the right choice of course. So I basically agree that he should have tried to fix the company over the course of a year or two.