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Instagram, when it was acquired, wasn't too concerned about making money: It was still VC funded, and was looking at raising another round. The founders contro
by ctvo 4y ago
Instagram, when it was acquired, wasn't too concerned about making money: It was still VC funded, and was looking at raising another round.
The founders controlled the small set of features available, and weren't beholden to, say, trying to include targeted ads or adding shopping to the platform. They certainly weren't concerned about bots, child pornography, state sponsored actors, data warehouses to store and analyze data for FCC decrees, the list goes on.
It's very easy, looking in, to handwave away complexity that creeps into a business and its technology and assume it's a lack of engineering skill. Do a reality check: Compare Twitter to other similar companies e.g. Facebook, Spotify, Netflix, Bytedance, Snap ... are these companies ran by 6 10x engineers? 60? Do you think EVERYONE is stupid or is unaware of how to do software engineering or is there complexity here you may be ignorant of? It's obvious Elon thinks the former here.