171–180 of 272 posts
Earlier quoted context omitted.
Then you end up with the "postal service".
Which is wildly successful and doesn't cost us taxpayers a dime. If our "leaders" stopped actively sabotaging the USPS, it could be doing even better.
If you count in taxbreak and other benefits, it actually does, especially USPS finance is in decline.
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It's not totally clear. The book kind of portrayed it as a coup staged by Jack, but at the end of the day the board fired him. Ev was surprised, and a few people said they'd quit if Ev was ousted (including, initially, Dick). Dick was definitely thrown into the role - it wasn't something he fought for.
I'd always figured (based on offhand comments by Ev and his investors at the time) that it was because Ev had difficulty taking a hard-line on people for performance issues. The quote I'm thinking of was something like "Evan always wanted his friends to share in his success", and it was in the context of hiring friends or promoting internal employees into larger roles rather than looking outside the company. My read…
Earlier quoted context omitted.
My understanding was that almost all of that is due to the insane benefits and pension requirements placed on the USPS in 2006. Happy to be corrected if I'm offbase.
The reason that was put into place, is that if they don't fund those pensions now, there will be no ability to do so in the future - their business is evaporating.
In many ways, stripping the post office of their monopoly had the opposite of the intended effect, because it removed the pretenses that let people pretend that it was somehow magically different and special compared to other essential government services just because it sold stuff.
Make the firehose available for anyone at an affordable price and the earnings will jump. Talk is cheap but in a way this is what Google did with AdWords. In the past you should have a budget of thousands dollars to advertise on popular sites like Yahoo. Google found a way to keep the required budget at a minimum. I think Twitter haven't done that because it is always more comfortable to talk to a few customers who c…
Are there any examples of company selling their social graph data in this manner directly? The other companies I can think of (FB, Google, Tumblr) utilize the social graph to provide ad-targeting services, but don't charge to access the graph itself. The live nature of Twitter's firehose is probably better suited to sale as a recurring commodity than FB or Tumblr's. I wonder if there's a price point where they could…
> I wonder if there's a price point where they could achieve widespread API usage while still making money with standard infrastructure (no custom datacenters, &c.)
What issue do you see here? can you expand?
Yesterday: "Twitter CEO Dick Costolo laughs off 'crazy' calls for his resignation"[0] [0] (warning: auto-play video on page) http://www.ibtimes.co.uk/twitter-ceo-dick-costolo-laughs-off...
https://www.youtube.com/watch?v=41NrVg-7bQw
[1] Twitter CEO Dick Costolo Q&A: What to Do When People Say ‘You Suck’
http://www.bloomberg.com/news/articles/2015-05-07/twitter-ce...
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On a related note, Jack is said to forgo compensation for his interim role at Twitter.[1] That should put to end any doubts about whether Jack's role is indeed truly interim and not a comeback. [1] Jack Dorsey to forgo salary to lead Twitter http://www.marketwatch.com/story/jack-dorsey-to-forgo-salary...
I'm not sure what you're implying? That he doesn't want to stick around? Jobs didn't take a salary after his return.
a) He has another company to save which is in itself a
full time job, given how hot the payments space is.
b) If Twitter should ultimately (and rather ingloriously)
be sold to say a Alibaba or Facebook or (longshots)
Microsoft or Google, Jack wouldn't want to be the guy who
'trimmed the fat' and right-sized it for a sale. It wouldn't
be good for his personal brand.
c) Twitter hasn't yet found an identity - even with
300 MM users (even Costolo hasn't contested this as
recently as May, in an interview [1]). Jack can only
breathe life into it, if he makes one hell of a pivot away
from the way Twitter is perceived by the masses - way
too confusing to use for most [2] and lacking an identity
(People still ask of Twitter what they don't of Facebook -
what Twitter will be when it has finally grown up)[3]
Bonus reason : Twitter has gone through 5 product heads
in the five years while Costolo was at the helm. A part
of me wants to believe that it is not all the fault of
Costolo and that Twitter needs a fundamental rethink.
I doubt Dorsey is willing to do it. I just don't think
he can, unless he gives up his gig at Square.
http://www.bloomberg.com/news/articles/2015-05-07/twitter-ce...
[2] Twitter redesigned its confusing, unattractive homepage
http://qz.com/384517/twitter-redesigned-its-confusing-unattr...
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Which is wildly successful and doesn't cost us taxpayers a dime. If our "leaders" stopped actively sabotaging the USPS, it could be doing even better.
If it was wildly successful, how did we end up with tons of private competitors with a large market share (FedEx, UPS, DHL, OnTrac, etc). The U.S. Is one of the only countries where the state run postal service isn't sufficient. In Switzerland, for example, there is only the Swiss Post. Most countries, to my knowledge, operate with just one major postal network.
There's also a number of alternate services for the post in a number of other countries. FedEx is not a duplicate of the post - it's for sending small but high value things extremely fast. And between FedEx One Rate and FedEx Smart Post, it's pretty clear that they view USPS as a competitor to be respected.
Yesterday: "Twitter CEO Dick Costolo laughs off 'crazy' calls for his resignation"[0] [0] (warning: auto-play video on page) http://www.ibtimes.co.uk/twitter-ceo-dick-costolo-laughs-off...
Having a founder and product visionary (Jack) in the driver's seat at Twitter is absolutely the right move. Sure, Jack has his quirks, and seems a little bit crazy and minimalistic, but that's exactly what makes him the right person for the job. Twitter is executing on its vision now just fine, but that's just the problem: There hasn't been any vision left in the company. No truly big moves have been made, and the pr…
Keep in mind Jack Dorsey the interim CEO, so it's only temporary until they find a permanent CEO.
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I had 2 autoplay videos and 1 popup, ibtimes has really gone to shit.
uBlock is your friend https://github.com/chrisaljoudi/uBlock#getting-started
https://chrome.google.com/webstore/detail/ublock-origin/cjpa...