5 ms·
I suspect Twitter is also "dead walking" at this point.
by svachalek 4y ago
I suspect Twitter is also "dead walking" at this point.
- ethbr0 4y agoDid Twitter need to be more than keep the lights on? I thought HN's refrain 2 years ago was how ridiculous it was that a simple product that didn't need to add features had a large headcount + how many businesses would be better off running stable instead of for growth. Well, here we go.
- nawgz 4y agoI think it would be a pretty disingenuous argument that Musk's leadership is closer to "stable" than what was happening before, which is probably why you're the only one even alluding to it.
- ethbr0 4y agoIn terms of headcount. No need to argue against a person, instead of the objective scenario I proposed.
- ipaddr 4y agoThey are finally not losing money. Things are better at twitter and stable. And they are not as funded by advertising which is a win for many
- wpietri 4y agoTwitter was basically break-even before: https://www.businessofapps.com/data/twitter-statistics/ https://www.businessofapps.com/data/twitter-statistics/ > And they are not as funded by advertising which is a win for many That is "pony in there somewhere" levels of optimism about Musk wrecking relationships with Twitter's major source of revenue: https://www.techdirt.com/2023/04/17/advertisers-see-elon-musk-as-a-liability-as-they-avoid-twitter/ https://www.techdirt.com/2023/04/17/advertisers-see-elon-mus...
- criddell 4y agoOr maybe, there’s a spot somewhere between bloated and skeletal that makes more sense.
- geodel 4y agoWell, there are thousand spots based on thousand opinions.
- wpietri 4y ago> Did Twitter need to be more than keep the lights on? In my view (early Twitter user, briefly worked at Twitter years ago), definitely yes. Twitter spent years bumping along and riding on their network effect. But that can't last forever. Twitter should have been energetically using their strengths to expand beyond their core product. For basically the same reasons that Google needed to be more than a search company. And toward the end of Jack's reign, they were finally showing signs of progress toward a decent level of product experimentation, so I had real hope for them.
- rvba 4y agoWell, if twitter was bloated by a very big team it needs to be shrank first to become a smaller product. All this bloated legacy code is still there and would have to be rewritten. The teams that over-complicated the simple app wanted to show that they do something. When they are gone, their bloated code will not magically become small. And no I dont think that Twitter layoffs were performed well. Just observing that those two things are not a contradiction. On a side note: after upgrades of many apps or programs or websites that do them worse I often think that a lot of people complicate things or change things for the sake of showing that they are doing something.
- whinenot 4y agoPrivate equity will likely swoop in at some point to scavenge the carcass. However, I doubt that will happen before Elon watches most of his investment disappear in the bonfire.
- xbmcuser 4y agoYou are under estimating the guys ability to get out of shit. Twitter is now private company as long as he no longer has to put more money into it he wont sell for less than what he paid as his ego won't allow it.
- skinnymuch 4y agoI think Elon does have to pay the debt interest rate if Twitter can’t add more debt to its books.
- Slava_Propanei 4y ago[dead]