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I resigned from Twitter

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Re: I resigned from Twitter

#141

Post by [deleted] »

johncena33 wrote: post #124
koheripbal wrote: post #43

Earlier quoted context omitted.

Twitter is extremely toxic and divisive, and Dorsey is... the same. People are hoping his removal will allow the platform to mature.

Twitter is THE social media I am not able to use without letting it affect my mental health. Anytime I logged into Twitter, I came out more angry, bitter and outraged. It's like the whole platform is built around hot takes, dunking, bullying, and outrage. It always baffles me how mainstream media never utters a word how toxic Twitter is.

[deleted]

Re: I resigned from Twitter

#142

Post by xiphias2 »

pyrrhotech wrote: post #63
xiphias2 wrote: post #54

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.

Well that's a major cherry-pick. How about we use a neutral start point such as TWTR IPO date? Since Nov. 8, 2013, TWTR is up 16.8% and has paid 0 dividends. Meanwhile, SPX is up 162% since then, plus it has paid a dividend of an additional 1.5 - 2.5% per year during that time. And QQQ is up a whopping 381% in that time. Twitter has been one of the worst performers in the Nasdaq 100 over the last 8 years.

Sorry, It wasn't cherry picking, my main criteria was that this was the largest exact date range that I could set in Google finance, that's why I usually look at 5 year horizon:)

I take back my comment, 16% is awful.

Re: I resigned from Twitter

#143

Post by elliekelly »

mathattack wrote: post #77
vmception wrote: post #69

Earlier quoted context omitted.

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.

I think parent comment is making a joke in reference to HBO’s Succession: https://m.youtube.com/watch?v=5xBrFbNHhYk

The line is a bullshit TV talking point to rationalize (to the markets) an abrupt 180 by one of the characters.

Re: I resigned from Twitter

#144

Post by tristor »

wly_cdgr wrote: post #131
tristor wrote: post #24

Earlier quoted context omitted.

Twitter has always been a mess. Anyone sensible who wasn’t speculating had dismissed Twitter as a platform for serious usage about 5 minutes after it launched.

...and hurried back to Hacker News to engage in serious, hyperbole-free discussions with fellow bigbrains? :rolls eyes:

Not necessarily, but the character limit necessarily limits the amount of seriousness and quality within content on Twitter. It's very format necessitates that Twitter is full of vapid and inane content, and driven by pithy outrage inducement.

Re: I resigned from Twitter

#145

Post by dorkwood »

tootie wrote: post #127
user-the-name wrote: post #18

About time. Twitter has been absolutely floundering for years under his control, since he has absolutely no idea why anyone is using the site and has just been throwing random ideas copied from others at the wall to see what sticks (nothing, so far), and cryptocurrency garbage nobody wants.

Not to sound like a Boomer, but I still genuinely don't get what Twitter is for. I actually finally created an account a year ago and most of my follows are pretty high-brow (journalists, various industry experts, some big shots in my outer circle) and I still get almost no value from it. They use twitter to post inside jokes or promos to web content that I didn't have trouble finding without twitter. Maybe 1 out of…

What Twitter used to be good for is following a particular niche of people. For example, if you start following just a handful of developers who post content you like, and follow other developers who they interact with and retweet, the idea was that you'd end up with a feed perfectly curated for your interests, made up only of people who post content that you find interesting.

Unfortunately Twitter doesn't want you to use their service this way, so they inject other (usually divisive) content into your feed in an effort to increase engagement. Because of this, I'm not really sure what Twitter is for anymore. I guess you could make the claim that it's keeping your finger on the pulse of what random people in the world are talking about at any given moment?

Re: I resigned from Twitter

#146

Post by draw_down »

nafizh wrote: post #97

People love to bash Dorsey but he had more of a backbone than Zuckerberg in every possible way. And while the game is always about money, Dorsey did try to improve the eco-system in a principled way even if arguably he failed in many ways - this courage was probably there because he was a founder of the company. The new CEO will be more like Pichai at Google or Cook at Apple - only there to make money.

You mean to say you like that he banned Donald Trump. A fine opinion to have of course.

Re: I resigned from Twitter

#147

Post by elorant »

johncena33 wrote: post #124
koheripbal wrote: post #43

Earlier quoted context omitted.

Twitter is extremely toxic and divisive, and Dorsey is... the same. People are hoping his removal will allow the platform to mature.

Twitter is THE social media I am not able to use without letting it affect my mental health. Anytime I logged into Twitter, I came out more angry, bitter and outraged. It's like the whole platform is built around hot takes, dunking, bullying, and outrage. It always baffles me how mainstream media never utters a word how toxic Twitter is.

Mainstream media has no problem with Twitter because it's not eating their lunch.

Re: I resigned from Twitter

#148

Post by nemo44x »

xiphias2 wrote: post #54
samwillis wrote: post #38

Earlier quoted context omitted.

Only one of Elon's companies is public and there are regular calls for him to be removed, but its stock price has been on a trajectory that makes that impossible without him "canceling himself". Elon is just very good at hiring exceptionally good people to run stuff for him with a small amount of oversight and steering. Jack is CEO of two public companies and one is arguably underperforming, that's an untenable situa…

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.

> At the end outside MBAs always try to take over and destroy the companies.

Yup. Many once great companies, for one reason or the other, believes they have to at some point bring these people in. Who then of course bring more in, who bring more in, etc. And the people that built the company from nothing to something huge are slowly runout and all the leaders from engineer and technology backgrounds are replaced by the "business people". And the culture dies as the company becomes one of abstract "deals" and "efficiencies" and growth stops and it is sold off.

Re: I resigned from Twitter

#149

Post by dimgl »

LatteLazy wrote: post #137

I have to say I've really liked his hard stance on free speech, though I know this is a pet issue for me..

You've liked his hard stance on free speech? What stance is that? That some speech is okay and other speech is not okay?

Re: I resigned from Twitter

#150

Post by emteycz »

bluefirebrand wrote: post #132
handrous wrote: post #111

Earlier quoted context omitted.

I've noticed that lots of C-suite and owner/CEO startup people have like three to five active business roles on their Linkedins. A fun case of "rules for thee, but not for me" when it comes to anti-moonlighting clauses and such. I can't "give it my all" if I take some weekend gigs, but you can hold two C-suite positions, be on two boards, plus have an "advisory" role with some startup? It's a lot like drug testing fo…

Careful, you're dangerously close to realizing that Executives at companies provide vanishingly little day to day value to companies. I'd bet in most companies the CEO is basically just a buffer between the board and the rest of the company, and essentially a fall guy position so the board can avoid accountability.

Well yeah, but it's not like any company values its CEO for the good office-desk job they do - as opposed to most other positions.

And companies certainly do recognize that not everyone has to sit at a desk - all the expensive consultants...

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