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How Twitter Can Avoid Becoming the Next AOL

wired.com

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Re: How Twitter Can Avoid Becoming the Next AOL

#14

> Cashing out by the people who understand Twitter’s prospects best is an ominous sign for the company and adds to the very long list of concerns about its future. When you make many, many millions of dollars, you need to pay tax on it. Where do you think you get the money to pay the tax for it? You sell shares.

The guy sold $60,000 worth of shares. Hardly a 'cashing out' in a big way.

Re: How Twitter Can Avoid Becoming the Next AOL

#16
post #13

AOL's Q4 2013 revenue was $656 million. True, they aren't part of a hipster tech elite, but with money like that who fucking cares ?

Sometimes I forget that AOL seems to be doing fine, the question is though How? Is it by social inertia?

They appear to be doing more than fine:

http://www.google.com/finance?q=NYSE:AOL

Although, should note... a quarter's revenue of $656 million is a far cry from major tech companies, and that is revenue, not profit.

They own several media companies, including Engadget. Likely where they make majority of their revenue now days.

(that and the old people who still think they must pay AOL $10 a month for their email and the AOL web browser... yes, it's still a thing... and people do still pay for it... sigh)

Re: How Twitter Can Avoid Becoming the Next AOL

#17
post #16

Earlier quoted context omitted.

Sometimes I forget that AOL seems to be doing fine, the question is though How? Is it by social inertia?

They appear to be doing more than fine: http://www.google.com/finance?q=NYSE:AOL Although, should note... a quarter's revenue of $656 million is a far cry from major tech companies, and that is revenue, not profit. They own several media companies, including Engadget. Likely where they make majority of their revenue now days. (that and the old people who still think they must pay AOL $10 a month for their email and t…

Engaged is barely profitable and even the revenue is not that big. Majority of their money (profit and revenue) comes from subscriptions. Some from ads on aol.com other properties (but AOLtech is pretty weak)

Re: How Twitter Can Avoid Becoming the Next AOL

#19

This article really fails to answer the question its headline poses.

Indeed, I feared they suggested something viable, but luckily, nothing of the sort.

A proprietary, centralized communication service is about the last thing the world needs, ripe for monopolistic abuse due to its network effect based lock-in, and at a high risk of attracting attention from all kinds of unwelcome organizations (intelligence agencies and the like), for no sensible reason at all, given that the transport layer below allows direct communication for federated and peer-to-peer services.

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