Twitter Plans Hundreds More Job Cuts as Soon as This Week

Post by blahblah3 » Tue, Oct 25, 2016, 12:09 PM UTC

artursapek wrote: post #6

I've always sort of had this question that continues to feel naive - but I'm not sure I know the answer: why do so many companies feel like they have to grow perpetually? Why can't Twitter just be happy being Twitter, knowing its limits and making a stable profit? Instead it's more users, more VC money, more staff... constantly burning as quickly as possible. There's a ceiling on every business; it's all bound to com…

Post by madengr » Tue, Oct 25, 2016, 12:14 PM UTC

emilburzo wrote: post #109

madengr wrote: post #10

You'd think they would have figured out targeted ads by now. If I follow people who post about RF/Microwave, antennas, SDR, and ham radio, one would think I'd see ads from Keysight and Tektronix, but no, it's garbage like football and pop music. FAIL! I also don't like that I don't see all the tweets from a person. They are pruning the timeline. Good riddance to twitter.

> If I follow people who post about RF/Microwave, antennas, SDR, and ham radio [...] I'm interested in those too, any recommendation on who to follow?

Post by rebelidealist » Tue, Oct 25, 2016, 12:49 PM UTC

artursapek wrote: post #6

I've always sort of had this question that continues to feel naive - but I'm not sure I know the answer: why do so many companies feel like they have to grow perpetually? Why can't Twitter just be happy being Twitter, knowing its limits and making a stable profit? Instead it's more users, more VC money, more staff... constantly burning as quickly as possible. There's a ceiling on every business; it's all bound to com…

Post by infodroid » Tue, Oct 25, 2016, 12:53 PM UTC

StanislavPetrov wrote: post #169

artursapek wrote: post #6

I've always sort of had this question that continues to feel naive - but I'm not sure I know the answer: why do so many companies feel like they have to grow perpetually? Why can't Twitter just be happy being Twitter, knowing its limits and making a stable profit? Instead it's more users, more VC money, more staff... constantly burning as quickly as possible. There's a ceiling on every business; it's all bound to com…

> why do so many companies feel like they have to grow perpetually? Because, in a nutshell, the "economy" is a massive ponzi scheme that depends on constant growth. This isn't a popular opinion among many of the VC crowd that believe in the myth of the meritocracy, but its an irrefutable truth. For example, the FED (and other central banks) set a target inflation rate (usually around 2%, but it can vary). That means…

Post by Xylakant » Tue, Oct 25, 2016, 12:58 PM UTC

fuqted wrote: post #114

aub3bhat wrote: post #89

Earlier quoted context omitted.

Because your competitor can raise those million dollars, and eventually your 20k profit per month becomes 20k loss per month. You can build all your imaginary arguments about magical businesses that make 20k profit per month while being self-sustained with holocracy, cruelty free, authentic, organic etc. etc. But the reality is that doing big things at bigger scale requires huge capital. If you are willing to pass up…

No imagination necessary, check out Basecamp. I believe they've actually cut their freemium offering recently. Slack hasn't put them out of business yet.