Earlier quoted context omitted.
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…
While I agree that Musk’s hockey stick stocks mean removing him would piss of the people who could remove him, removing Dorsey because twitter isn’t a great stock seems weird. Stock matters for fundraising and for compensation, and as long as that stuff is working, the rest of the stock considerations should be secondary. Obviously they aren’t secondary to investors and investors have disproportionate power, but it s…
My favorite example is when Twitter said “hey guys, growing users is hard. You know what our North Star from now on is? Monetizable Daily Active Users”
Imagine a social network deciding it’s entire North Star is ad dollars. Pretty damning.