23 ms·

A "Financial Services Company" that can afford to spend a million bucks a month on Twitter ads is probably not selling anything I'd like to be buying. As a user

A "Financial Services Company" that can afford to spend a million bucks a month on Twitter ads is probably not selling anything I'd like to be buying. As a user, I'm not exactly clear about why I should feel outraged. I say, please, more of this. Addendum: HN downvotes are the sweetest tears because you can tell who is crying.

mlyle 4y ago
Oh, the ads going away may be fine for end-users, but it may not be so great for the income statement of Twitter or its ability to meet its (now very high) debt service obligations.
- rsynnott 4y ago
  Won't necessarily be great for users, either. There'll always be bottom feeders who'll advertise anywhere; typically crypto scams and the dodgier online casinos and so forth.
- gorkish 4y ago
  'And nothing of value was lost.' - The Critic When I very first learned about Twitter, I honestly thought the entire thing was a joke that was always a month away from revealing itself. That feeling has remained startlingly consistent over the last 16 years. I just expect Jack Dorsey to pop around the corner and be like "Haha you silly gooses, here's our real product that we have actually been working on!"
rezistik 4y ago
https://www.statista.com/statistics/192126/us-ad-spending-of-jpmorgan-chase/ https://www.statista.com/statistics/192126/us-ad-spending-of... https://mediaradar.com/blog/robinhood-against-investment-firms/ https://mediaradar.com/blog/robinhood-against-investment-fir... Banks and brokerages spend billions on advertising...
- gorkish 4y ago
  That's all well and good. Perhaps more people should view excessive or nebulous advertising as the negative indicator that it often is.
lolc 4y ago
Who said anything about you having to be outraged? For me, this article helped in understanding why advertisers would exit Twitter. I was wondering about that. It delivered.
rurp 4y ago
> As a user, I'm not exactly clear about why I should feel outraged Why should you? Not everything has to be about outrage. I think it's interesting to see how a major tech company falls apart when 80+% of staff abruptly leave. Breaking logins for paying customers and ignoring issues they raise seems like a notable issue.

mlyle 4y ago

Oh, the ads going away may be fine for end-users, but it may not be so great for the income statement of Twitter or its ability to meet its (now very high) debt service obligations.

rsynnott 4y ago
Won't necessarily be great for users, either. There'll always be bottom feeders who'll advertise anywhere; typically crypto scams and the dodgier online casinos and so forth.
gorkish 4y ago
'And nothing of value was lost.' - The Critic When I very first learned about Twitter, I honestly thought the entire thing was a joke that was always a month away from revealing itself. That feeling has remained startlingly consistent over the last 16 years. I just expect Jack Dorsey to pop around the corner and be like "Haha you silly gooses, here's our real product that we have actually been working on!"

rezistik 4y ago

https://www.statista.com/statistics/192126/us-ad-spending-of-jpmorgan-chase/ https://www.statista.com/statistics/192126/us-ad-spending-of... https://mediaradar.com/blog/robinhood-against-investment-firms/ https://mediaradar.com/blog/robinhood-against-investment-fir... Banks and brokerages spend billions on advertising...

gorkish 4y ago
That's all well and good. Perhaps more people should view excessive or nebulous advertising as the negative indicator that it often is.

lolc 4y ago

Who said anything about you having to be outraged? For me, this article helped in understanding why advertisers would exit Twitter. I was wondering about that. It delivered.

rurp 4y ago

> As a user, I'm not exactly clear about why I should feel outraged Why should you? Not everything has to be about outrage. I think it's interesting to see how a major tech company falls apart when 80+% of staff abruptly leave. Breaking logins for paying customers and ignoring issues they raise seems like a notable issue.