Earlier quoted context omitted.
Profit isn't very meaningful without a lot of context. A growing business could plow all of their would-be profits back into growing their business, making it look like they are losing money. Or a failing business could cannibalize itself to get a couple quarters of profits at the cost of destroying its long term prospects for success. Revenue is a much more concrete figure that sort of tells its own story, unlike pr…
So how well does revenue tell a story if you have negative unit costs? If you keep losing money, you eventually run out.
Twitter misses ad revenue and user growth estimates
101–110 of 444 posts
Re: Twitter misses ad revenue and user growth estimates
#102I actually still get a pretty decent experience out of Twitter. The only topic I really engage with is remote work.. I don’t follow very many people (only humans who post real content) and unfollow anyone who goes “off topic”. Which is too bad, but it keeps my feed simple and sane. I feel like Twitter would be way better if people had different topics you could subscribe (or not) to.
All services would be better if they were more like Google+ (but didn't share name with a despised effort to crush pseudonyms and wasn't owned by a company that buried it as soon as they had been forced to iron out the wrinkles ;-)
Re: Twitter misses ad revenue and user growth estimates
#103I feel so naive / out-of-touch when Twitter comes up. How is it we don't have a simple micro-blogging protocol. Like we do for email. Twitter didn't invent it, neither did Unix for that matter. Twtxt and others are doing some great things, but why don't we move from innovation to standardized protocols to enhance the user experience of the internet. Is it just great marketing driven by profits. As I said, I'm probabl…
I believe we do: it's called ActivityPub[1], and it's what Mastodon and others use. [1]: https://en.wikipedia.org/wiki/ActivityPub
Re: Twitter misses ad revenue and user growth estimates
#104This headline is at best misleading -- intended to give the impression that Twitter is performing worse than they are by ignoring the metrics in which they are excelling -- or potentially even just outright wrong.
Re: Twitter misses ad revenue and user growth estimates
#105I use Twitter occasionally -- but the real shift in the past year is that all of my family (4 siblings, parents, in-laws, etc) have switched to using Signal. A group Signal chat is a wonderful social media platform, without any advertisements, algorithms, or similar nonsense. Just updates and thoughts from people I care about. It gives me hope that the destructive social media platforms like Twitter and FB will event…
Re: Twitter misses ad revenue and user growth estimates
#106So I never created a Twitter account. Over the years, there are a few people that I liked to read their thoughts on Twitter, so I'd manually go to their wall and read occasionally. They're all verified. Over time, it became cumbersome to continue doing this and I thought I'd give in and create an account (on the website) so that these people were all easy to access from a single point. So I did, and went and immediat…
Re: Twitter misses ad revenue and user growth estimates
#107It's almost like Dorsey knew "when to get out"...
Re: Twitter misses ad revenue and user growth estimates
#108FB deservedly gets a lot of criticism. I personally feel Twitter doesn't get its fair share of blame. IME Twitter is the most toxic social media platform out there. Twitter deserves a fair share of blame for the divisive political culture we live in right now. I hope these companies go bankrupt and it'd be nothing but a blessing for humanity.
It really is absurd. I don't get why the focus is all on FB. I honestly only keep FB around because my family is on it, and sometimes I use FB messenger with my friends. It has zero impact on my life. On the other hand, a single glance into twitter can lead to 2-3 hours of a sustained state of mild rage, and you just feel bad when you finally exit the app.
To me, it feels like a small library of really cool books but the library happens to be housed randomly inside of a giant lunatic asylum.
Re: Twitter misses ad revenue and user growth estimates
#109So I never created a Twitter account. Over the years, there are a few people that I liked to read their thoughts on Twitter, so I'd manually go to their wall and read occasionally. They're all verified. Over time, it became cumbersome to continue doing this and I thought I'd give in and create an account (on the website) so that these people were all easy to access from a single point. So I did, and went and immediat…
Re: Twitter misses ad revenue and user growth estimates
#110Is there some reason articles like this doesn't include profits? Revenue is specified along with a number of other key metrics, but not profit. The overall conclusion seems to be the same as with Meta last week: It's going well, but not as well as predicted. The slower than expected growth is only a problem, because the stock market likes predictability and will punish any company unable to correctly foresee the futu…
Because profit doesn't matter as much for a growth story, growth does. They do it to themselves... in the face of this 'miss' the CEO continues to pitch the growth story: https://www.theverge.com/2022/2/10/22925114/twitter-earnings... So it should be no surprise when the financial reporters and markets flog them when they miss.