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Can you list some X and Ys that exist or have existed? I don't use social media at all (except when people link to G+ or Twitter from HN). But looking around, I

Can you list some X and Ys that exist or have existed? I don't use social media at all (except when people link to G+ or Twitter from HN). But looking around, I don't see anyone offering the same kind of service as Twitter. And even last month, didn't they just offer video streaming, right around the time Meerkat got to market? So it's unsure that they need 3rd parties. Twitters got how many thousands of employees? Surely if they organize well they can innovate inside. Or just keep an ear to the ground and hear about neat-sounding things and clone them. Or buy them if they have to. What value add did DataSift bring? They were taking 80% of the revenue. If those DataSift customers were really using the Twitter firehose, there's no real replacement. That means Twitter just upped revenues on those customers by 400%.

wpietri 12y ago
You mean X and Y for Twitter in the future? It's impossible for me to say; if I could, it wouldn't be particularly innovative. Historically, though, platforms die all the time. AOL and Compuserve lost out because they couldn't innovate at anything like the speed of the open web. I don't think they need third parties immediately. They needed them in the past, though; they were important to Twitter's early success. They'll need them again at some point, too. The notion that companies can innovate because a) they want to innovate, and b) they have lots of people is... unproven. How many years has Yahoo been floundering now? What's the last innovative thing Microsoft did? Does IBM even exist anymore? Lots of large companies open innovation centers and intrapreneurship programs. Small companies still regularly kill large ones. That's because large companies are mainly optimized for turning the crank on their current money machine. Things that interfere with that rarely survive, including most innovation efforts.

wpietri 12y ago

You mean X and Y for Twitter in the future? It's impossible for me to say; if I could, it wouldn't be particularly innovative. Historically, though, platforms die all the time. AOL and Compuserve lost out because they couldn't innovate at anything like the speed of the open web. I don't think they need third parties immediately. They needed them in the past, though; they were important to Twitter's early success. They'll need them again at some point, too. The notion that companies can innovate because a) they want to innovate, and b) they have lots of people is... unproven. How many years has Yahoo been floundering now? What's the last innovative thing Microsoft did? Does IBM even exist anymore? Lots of large companies open innovation centers and intrapreneurship programs. Small companies still regularly kill large ones. That's because large companies are mainly optimized for turning the crank on their current money machine. Things that interfere with that rarely survive, including most innovation efforts.