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No, it's "X", the all-in-one-app he wanted to do back in the 2000s, and which WeChat is now. That's not a terrible idea if he can pull it off and make it profi
by SkyMarshal 4y ago
No, it's "X", the all-in-one-app he wanted to do back in the 2000s, and which WeChat is now.
That's not a terrible idea if he can pull it off and make it profitable even despite the massive debt he loaded Twitter with to purchase it.
- anigbrowl 4y agoSee also: Compuserve, AOL, Facebook WeChat succeeds because it caters to a less mature market with a simple integrated product. American network service users have demonstrated repeatedly that they are OK with bundling products but less enthusiastic about bundled services.
- kravens_last 4y agoWeChat succeeds because it's a state sponsored monopoly. It would not have existed in a free and mature market in any western capitalist style economy.
- anigbrowl 4y agoI just gave 3 examples of products that succeeded brilliantly in a less mature market in western capitalist economies. WeChat might be an anachronism in 15 years just as AOL is today, although it continues to exist as a brand. Incidentally I just glanced at the AOL website to remind myself how it's doing, and their ad banner offers a service to reduce the amount of paper junk mail you receive by signing up for AOL's managed unsubscription service. Less Information Age and more Irony Age.