Twitter misses ad revenue and user growth estimates
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Re: Twitter misses ad revenue and user growth estimates
#92Maybe they shouldn't have banned that user, after all.
Re: Twitter misses ad revenue and user growth estimates
#93Re: Twitter misses ad revenue and user growth estimates
#94Earlier 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…
That's is an interesting take, because the company I work for is the exact opposite. Revenue is useless, because you can just create all the revenue you want. Among other things, we resell hardware and software. The basic idea is that customers can get a Dell, or Oracle server and a license for an Oracle database from us, when buying hosting. This saves them the trouble of dealing with multiple suppliers. The hardwar…
Re: Twitter misses ad revenue and user growth estimates
#95I 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…
Re: Twitter misses ad revenue and user growth estimates
#96Re: Twitter misses ad revenue and user growth estimates
#97Earlier 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.
Re: Twitter misses ad revenue and user growth estimates
#98It seems that every popular Social Media platform became an extension of the liberal governments. I trust a proper sentiment analysis would reveal this.
Re: Twitter misses ad revenue and user growth estimates
#99I 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
#100I 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…
There is some truth to the classic HN post that "Twitter can be built in a weekend". A service / protocol that can distribute 280 character messages isn't really where the value is for a service like Twitter. It's 20% engineering, 80% recruiting the right users, retaining them, and getting them to engage on the platform.
Additionally, open protocols are way harder to evolve and are therefore less competitive with closed services. The only reason why email has stuck around as long as it has is because it locked everyone in with its network effect before commercial players figured out how to compete.
Additionally, email isn't really an open protocol in practice. Sure, it's spec'd, but in order to actually participate in the network you need to navigate a really complicated system of anti-spam reputation systems. This is why people just end up paying companies like Twilio to send email instead of running their own servers.
Overall, I don't think we should be looking to learn any lessons from email. It achieved market dominance in a time that doesn't look anything like the modern era, and is much more complex than most people realize.