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Twitter Plans Hundreds More Job Cuts as Soon as This Week

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Re: Twitter Plans Hundreds More Job Cuts as Soon as This Week

#201

Post by kgwgk »

nikcub wrote: post #155
trymas wrote: post #110

Earlier quoted context omitted.

It is not, but it could if twitter would stop spending huge piles of money that makes them go nowhere.

That is exactly what many on Wall St have been telling them to do for years. Despite the popular perception of investment bankers, they do value "patio11 style businesses" more highly than the Twitter style of spending and losing billions of dollars and not going anywhere. I actually don't think anybody values the later.

"Investment bankers" do absolutely love companies that raise money (and the faster they burn it the better, so they come back to raise more).

Re: Twitter Plans Hundreds More Job Cuts as Soon as This Week

#202

Post by [deleted] »

nikcub wrote: post #155
trymas wrote: post #110

Earlier quoted context omitted.

It is not, but it could if twitter would stop spending huge piles of money that makes them go nowhere.

That is exactly what many on Wall St have been telling them to do for years. Despite the popular perception of investment bankers, they do value "patio11 style businesses" more highly than the Twitter style of spending and losing billions of dollars and not going anywhere. I actually don't think anybody values the later.

[deleted]

Re: Twitter Plans Hundreds More Job Cuts as Soon as This Week

#203

Post by pud »

vog wrote: post #200
pud wrote: post #198

Earlier quoted context omitted.

Me too. Hi. If an entrepreneur is worried about "Work Life Balance", I think he/she is in the wrong business.

Why this? Burnt-out entrepreneurs are failed entrepreneurs, aren't they? There's always a limit on how much time you can spend per day, and this limit is far below the time you are awake. Push it too far, and you do not only lose your working power, but also your motivation and your inspiration.

When an entrepreneur is excited about a thing she's building, the truthful answer to "how many hours per day do you work" is typically "zero or twenty-four, depending on what you consider work."

I agree entrepreneurs can get burnt out, but at that point it's become a "job" and is probably time to move on.

Re: Twitter Plans Hundreds More Job Cuts as Soon as This Week

#204

Post by skrebbel »

pud wrote: post #198
edoceo wrote: post #165

Earlier quoted context omitted.

Similar story, we should be friends :) Care to comment on the work/life balance you have?

Me too. Hi. If an entrepreneur is worried about "Work Life Balance", I think he/she is in the wrong business.

I see this meme repeated a lot here on HN. Personally I wildly disagree, as I believe sufficient time away from work makes you make the right decisions. Basically I believe that the "work smarter, not harder" meme, while cliché, automatically happens if you invest time in leisure and sleep.

But I don't know! I truly wonder how many businesses have been run into the ground because of a kamikaze attitude to working hours. But I also wonder how many businesses missed gigantic opportunities while the founders were off doing unimportant things like putting their kids to bed. Neither are measurable, as far as I can see.

If anyone has any stats on this, any at all, consider me recommended!

Re: Twitter Plans Hundreds More Job Cuts as Soon as This Week

#205

Post by sundvor »

danieltillett wrote: post #175
edoceo wrote: post #165

Earlier quoted context omitted.

Similar story, we should be friends :) Care to comment on the work/life balance you have?

Well I work hard, but I live a very good life. I enjoy my work (well most of it as I am not too keen on accounting and taxes). I get to work and live in a very nice (if expensive) part of the world so I have nothing to complain about. I can say it took me a long time to get to where I am now and I had quite a few detours along the way. I wrote up the history of my business a while back if anyone is interested [1]. Bo…

Thanks for posting that; great work on persevering!

Re: Twitter Plans Hundreds More Job Cuts as Soon as This Week

#206

Post by mschuster91 »

retrogradeorbit wrote: post #192
dbg31415 wrote: post #2

How many people does it really take to run Twitter? If they need more than 100 people I'd be really shocked.

Whats app comes to mind as a comparison. Far more complex. A billion customers. 35 engineers.

Nah, WA started as a 1:1 direct messaging service with next to no server storage - so all the backend had to do was to distribute the incoming messages to the recipient ASAP in order to keep storage load low.

Twitter's backend is far more complex, you have a 1:n distribution (with n occasionally drifting into the double-digit million counts, like President Obama), and all the messages have to be archived and live searchable.

Re: Twitter Plans Hundreds More Job Cuts as Soon as This Week

#207

Post by biztos »

intrasight wrote: post #137
siquick wrote: post #66

Earlier quoted context omitted.

In comparison to FB ads (and my experience), Twitter ads are absolutely useless.

And since FB ads are useless, that's saying something

I have no idea how useful/useless FB ads are for advertisers in general, but as a FB user I definitely click on more ads than I do on Google. Unsurprisingly, the stuff I read, "like" and respond to seems to result in better targeting than the stuff I search for and click away to.

Re: Twitter Plans Hundreds More Job Cuts as Soon as This Week

#208

Post by simonswords82 »

danieltillett wrote: post #153
CardenB wrote: post #118

Earlier quoted context omitted.

What's your point? Twitter isn't in that niche, obviously.

I was just responding to the parent post who suggested that you can’t bootstrap because some better funded company will come along and put you out of business. You can if you choose the right niche. Of course Twitter as a business did not have this choice - they had to go big or go home. For the founders though it might have been better to have built something else.

> For the founders though it might have been better to have built something else.

I doubt it. All of the founders are mega wealthy now both as a result of Twitter and other ventures. Twitter might not have reached the dizzy heights they aspired to, but like it or loathe it Twitter is a household name and the founders are "famous".

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