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Thoughts about Twitter

nolancaudill.com

11–20 of 235 posts

Re: Thoughts about Twitter

#11
I don't work at a giant company, but I'm curious:

> Anyone that has worked on large, complex system knows that the margin of error in uptime and downtime is often whether the right person is within arms’ reach of their laptop.

Is this true?

Shouldn't giant tech companies obsess about reducing the need for human intervention?

Re: Thoughts about Twitter

#12
post #6
post #2

The anger at Elon et al is understandable -- but I hope they can spare some anger for the years of stagnation (if not outright neglect) wrought by the former operators that led up to this moment.

They led to a stagnant company with -$200m in profits. Elon instantly led to a company that is now $1-2 billion in the red a year, and needs to aggressively cut costs and increase revenue to make it up. I'd say the current situation is 99% on Elon. edit: For those not aware, the buyout included $13 billion in debt to Twitter which they need to pay $1-2 billion a year for in terms of interest alone.

He didn't want to buy it.

Re: Thoughts about Twitter

#13
post #6
post #2

The anger at Elon et al is understandable -- but I hope they can spare some anger for the years of stagnation (if not outright neglect) wrought by the former operators that led up to this moment.

They led to a stagnant company with -$200m in profits. Elon instantly led to a company that is now $1-2 billion in the red a year, and needs to aggressively cut costs and increase revenue to make it up. I'd say the current situation is 99% on Elon. edit: For those not aware, the buyout included $13 billion in debt to Twitter which they need to pay $1-2 billion a year for in terms of interest alone.

Copy pasting my reply from a different thread on that topic:

You think that if he paid completely up front he wouldn't care about cutting costs? Why? The pressure would still be there -- it would just be in the form of pressure to recoup his investment

Re: Thoughts about Twitter

#15
post #6

Earlier quoted context omitted.

They led to a stagnant company with -$200m in profits. Elon instantly led to a company that is now $1-2 billion in the red a year, and needs to aggressively cut costs and increase revenue to make it up. I'd say the current situation is 99% on Elon. edit: For those not aware, the buyout included $13 billion in debt to Twitter which they need to pay $1-2 billion a year for in terms of interest alone.

He didn't want to buy it.

Then he shouldn't have signed a binding contract. Only an idiot investor wouldn't take twice the market value for an asset when given the chance.

Re: Thoughts about Twitter

#17

> They were dumped unceremoniously, the result of the addled whims of a walking meme. If this was a HN comment it would get flagged: https://news.ycombinator.com/newsguidelines.html

Please don't pick the most provocative thing in an article or post to complain about in the thread. Find something interesting to respond to instead.

https://news.ycombinator.com/newsguidelines.html

Better to apply the guidelines to actual HN comments.

Re: Thoughts about Twitter

#18
Here is my prediction. After raging for awhile and trying other apps that will all disappoint people will log back onto twitter again to get their dopamine hit and that will be that.

For verification it will no longer be a status symbol for anyone and will let Twitter get higher ad rates as they will be pushing to self verified real people. Say pay a higher ad rate for advertising only to verified users.

Re: Thoughts about Twitter

#20
> But, what is gone? Twitter was a unique spot where journalists, celebrities, titans of industries, your family, friends and co-workers, would join a daily mosh pit filled with a mix of truly important cultural moments and the most inane things you’ve ever seen. [...] Twitter will likely go from Elon’s new toy that is too difficult for him to play with, to being passed on to his legal and finance advisers to sort out.

Regardless of your opinion on Elon, it's simply too early to conclude that this is "likely" to happen, or that all those people will stop using it.

For those old enough to remember, major social media platform changes have happened and users have sworn that it was (effectively) the end. Sometimes they are right: see new Digg causing a mass Reddit migration, or banning adult content on Tumblr, turning a dying platform into a dead one. Sometimes they are incredibly wrong: see new Reddit[0], or, amusingly, people who claimed that Facebook switching to an algorithmic news feed instead of chronological was the end of the platform. I can't remember how long ago that was, but I imagine Facebook has increased in userbase and value 3 or 4 orders of magnitudes since that change.

[0] Yes, I'm aware old reddit is still accessible, but the vast majority of the userbase is on the mobile website or app.

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