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Exactly, and while profit was always elusive for Twitter - the biggest cost for Twitter was salaried employees which Musk has already cut by more than half. As
by qqtt 4y ago
Exactly, and while profit was always elusive for Twitter - the biggest cost for Twitter was salaried employees which Musk has already cut by more than half.
As mentioned in the blog post, previous management of Twitter was really REALLY unfocused. Adding NFTs, and a host of other things that never really caught on, while the core product routinely suffered a lack of even basic functionality (edit button anyone?).
Twitter is now highly motivated to find profit and monetize, but I think it's a bit far fetched to assume a debt interest payment - out of everything else that is going on - is going to be the central thing that kills twitter.
- mmcgaha 4y agoI think you are correct about the company getting product focused and that will eventually be great for the product. On the other hand this feels like a Digg->Reddit moment.
- deleted 4y ago[deleted]