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I resigned from Twitter

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Re: I resigned from Twitter

#71
post #7

I have no particular beef with Dorsey but I think this would make sense. He's been CEO of both Square and Twitter for years now and no matter what time you wake up in the morning or however many specials diets you undertake you're not going to be able to give the focus a solo CEO is. I think the bigger issue is who gets to replace him: will it be someone with smart ideas or someone to serve as a puppet of activist in…

>>puppet of activist investors?

Seems more likely that Jack has been the puppet of activist employee's not investors. Hopefully Twitter will hire someone to have a back bone in the face of the activist employee's that want twitter to be a political echo-chamber / safe space

Re: I resigned from Twitter

#72

Earlier quoted context omitted.

Elon is not CEO of SpaceX as many here have already pointed out. edit this is wrong, he is CEO. Ms. Shotwell is COO and President. Outside of Tesla the other companies are not viable yet.

> Elon is not CEO of SpaceX Elon is most definitely the CEO of SpaceX (and Chief Engineer, for whatever that's worth) if you are thinking of Ms. Shotwell (what an appropriate name for a rocket scientist!) She's the COO.

Elon actually makes major decisions on engineering too e.g. switch from carbon to steel.

Or pushing the idea of catching payload fairing and now boosters.

Especially catching boosters is the type of crazy stuff that only Elon would have stomach to try.

Re: I resigned from Twitter

#73

Earlier quoted context omitted.

Elon is not CEO of SpaceX as many here have already pointed out. edit this is wrong, he is CEO. Ms. Shotwell is COO and President. Outside of Tesla the other companies are not viable yet.

> Elon is not CEO of SpaceX Elon is most definitely the CEO of SpaceX (and Chief Engineer, for whatever that's worth) if you are thinking of Ms. Shotwell (what an appropriate name for a rocket scientist!) She's the COO.

Shot very well by reputation!

Re: I resigned from Twitter

#74

Earlier quoted context omitted.

Sorry but cynically toxic and divisive algos drives more attention thus more ad revenue (see FB), it's not going to get better with a more investor friendly CEO

I think twitter moderation has been so overtly one sided that there is plenty of profit to be made by warming up to the other side.

I'll take Things That Will Never Happen for $400, Alex.

Re: I resigned from Twitter

#75

Earlier quoted context omitted.

> you're not going to be able to give the focus a solo CEO is. I agree. As much as he tried to justify the dual CEO roles, it never made any sense. It was also maddening to watch him shift to a 3rd focus of promoting cryptocurrency and his own cryptocurrency investments. Hanging on to the CEO role of both Twitter and Square put him in a great position to push both companies toward more cryptocurrency integration, but…

> it never felt like it was being done for the benefit of the users of each platform. Cynically, I'm yet to see any crypto that benefits anyone but the people that invented it (they benefit the most) and the savvy traders trying to make a buck (and sometimes succeeding at the expense of others).

This is a pretty uninformed take. There are all sorts of projects made in crypto: collectibles, music, art, gaming, loans, mortgages, debit cards with rewards, social media, wifi networks, anti-fraud, food security, etc. And many projects have a large donation component to them.

Re: I resigned from Twitter

#76

Earlier quoted context omitted.

> you're not going to be able to give the focus a solo CEO is. I agree. As much as he tried to justify the dual CEO roles, it never made any sense. It was also maddening to watch him shift to a 3rd focus of promoting cryptocurrency and his own cryptocurrency investments. Hanging on to the CEO role of both Twitter and Square put him in a great position to push both companies toward more cryptocurrency integration, but…

> it never felt like it was being done for the benefit of the users of each platform. Cynically, I'm yet to see any crypto that benefits anyone but the people that invented it (they benefit the most) and the savvy traders trying to make a buck (and sometimes succeeding at the expense of others).

Bitcoin benefits drug users and dealers every single day, and have been doing it for almost 10 years. May be in US it's different, but there's just no street drug trade anymore around here. If you want to buy weed, you have to buy bitcoin, in some shape or form.

Re: I resigned from Twitter

#77

The stock popped 10%. Is this a vote of confidence against him or for whoever has been waiting in the wings? There has been enough agitation against him by the activists that this can’t be a surprise.

They saw Dorsey's plan, and liked another plan better. Simple.

Was it plan or execution? I understand he had some very aggressive performance targets to hit too.

Re: I resigned from Twitter

#78

Earlier quoted context omitted.

Twitter is 3x in 5 years, while S&P 500 is 2x in 5 years...It's not awesome, but I wouldn't call it underperforming...it's the same growth as Facebook. Elon was kept only because he didn't give away founder control. At the end outside MBAs always try to take over and destroy the companies.

Not really :). 5 years is a pretty arbitrary, flattering timeline. Twitter is +18% all time growth. Facebook doubled a billion to 2B then to 3B users. In the same time span Twitter plateaud their user growth. Love the product, but the company is horrific in building things. The 3x growth is only because they finally figured out monetization 7-8 years post ipo and rode the rising Ad wave that lifted all CPMs across Sn…

What's your evidence that Twitter's market is significantly larger?

Non-tech people sometimes ask me whether they should get on Twitter. I ask them why they might want it, and very often my answer is, "No, don't worry about it." And that's coming from somebody who uses Twitter enough to have two separate accounts plus a Twitter bot (sfships).

Twitter, like HN, is a niche social network. [1] Twitter's niche is much larger, of course. But I don't think it makes much sense to compare it to FB, whose target market is "anybody with friends or relatives".

[1] Technically, I'd call it a multi-niche network, in that it gets the most publicly active segment of people in a whole bunch of social groups. For example, tech people is has are the sort most likely to write books and articles, speak at/go to conferences, etc. But if you're the sort of workaday programmer who punches a clock at a bank and pays no attention to the industry, Twitter doesn't do much for you.

Re: I resigned from Twitter

#79

Earlier quoted context omitted.

> you're not going to be able to give the focus a solo CEO is. I agree. As much as he tried to justify the dual CEO roles, it never made any sense. It was also maddening to watch him shift to a 3rd focus of promoting cryptocurrency and his own cryptocurrency investments. Hanging on to the CEO role of both Twitter and Square put him in a great position to push both companies toward more cryptocurrency integration, but…

> it never felt like it was being done for the benefit of the users of each platform. Cynically, I'm yet to see any crypto that benefits anyone but the people that invented it (they benefit the most) and the savvy traders trying to make a buck (and sometimes succeeding at the expense of others).

It's a ponzi scheme

Re: I resigned from Twitter

#80
post #7

I have no particular beef with Dorsey but I think this would make sense. He's been CEO of both Square and Twitter for years now and no matter what time you wake up in the morning or however many specials diets you undertake you're not going to be able to give the focus a solo CEO is. I think the bigger issue is who gets to replace him: will it be someone with smart ideas or someone to serve as a puppet of activist in…

> you're not going to be able to give the focus a solo CEO is. I agree. As much as he tried to justify the dual CEO roles, it never made any sense. It was also maddening to watch him shift to a 3rd focus of promoting cryptocurrency and his own cryptocurrency investments. Hanging on to the CEO role of both Twitter and Square put him in a great position to push both companies toward more cryptocurrency integration, but…

Would you critique Musk in a similar way?

Honest question, because it's eerie how you could swap Dorsey for Musk and the statements would still apply but seem much less true.

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