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Twitter misses ad revenue and user growth estimates

reuters.com

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Re: Twitter misses ad revenue and user growth estimates

#93
I 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 eventually be small compared to actually private communication channels like Signal.

Re: Twitter misses ad revenue and user growth estimates

#94
post #15

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…

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…

Your company has a different model than Twitter. Some companies need to measure Revenue, some Profit and some Growth - and many will switch which is the important one as they grow (or shrink).

Re: Twitter misses ad revenue and user growth estimates

#95
post #26

I 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…

Do we really want any new technology to be “like email”? Email is basically useless now with all of the spam.

Re: Twitter misses ad revenue and user growth estimates

#97
post #15

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.

Nope. Cause you have growth, which gets new investors who bring in Money - if you can convince them your Growth numbers are good.

Re: Twitter misses ad revenue and user growth estimates

#99

I 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…

This is something I learned to love with Snapchat. Instead of public posts, people just send stuff to you or the group. It's private, personal, and as you say, ad-free.

Re: Twitter misses ad revenue and user growth estimates

#100
post #26

I 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…

We do and no one uses it.

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.

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