At this point, someone just needs to stand up a Twitter clone that can handle the traffic because I think most regular Twitter users are having a much worse experience on there now -- from my own anecdotal experience as a semi-heavy twitter user.
Oh, I totally agree. I just don't think that means Meta will win here.
Meta would have been absolutely toast right now if TikTok wasn’t banned in India. All of their user growth has come from that market lately, and that could only happen because Indian users have no option but to use Reels (TikTok was killing it here).
And the TikTok ban was also very suspiciously timed - right after Meta made massive billion dollar investments in India’s most powerful and politically connected business (Reliance/Jio). There have been no subsequent bans on anything Chinese.
For me at least personally, the experience is better. No more cult of personalities with "verified" badges and wondering who gets it and who does not.
No more censorship of certain people and shadow banning, which is one of the main issues Elon even bought Twitter I think, was to create a censorship free platform for discussion.
The feeds are better, I see less stupid likes like I did for example 1 year ago, when my feed would be full of likes from people I dont care about.
Also, there is the feature of community leaving feedback on the tweet, which can show immediately that okay, this tweet is just wrong.
10 years ago was a different time socially and politically, you cannot go back to that. Also ten years ago twitter had probably much less bots and users also.
If they really want people to move from Twitter like from Digg to Reddit or MySpace to Facebook they need a unique selling point. Having to use my real identity for a Twitter clone isn't one.
First mover advantage and already existing userbase. Its the Windows of Operating Systems. Market domination.
Blackberry smartphones, PalmOS to organize our contacts, Sony Walkmen to listen to music, Symbian Apps, Java ME phone applications. Flash internet content, Juno Email. UltraSPARC systems running SPARC probably won't be beaten by a scrappy open source startup...
Isn't that exactly what meta are doing here?
He’s trying to make Twitter able to pay its own bills. Twitter has never made money (except once) in its 17 years of existence.
Twitter as it was should not exist. It’s like a bakery that sells loaves for bread for 20c at a loss. It’s going to eventually implode unless something changes.
He could've bought seats on the board to accomplish this through standard shareholder activism. By committing a leveraged buyout and saddling the company with an additional >1 billion a year in added debt payments, while simultaneously driving advertising revenue into the ground, he's basically sent the company on a beeline toward insolvency.
I’m just saying his goals and his poor ability to achieve them.
https://www.statista.com/statistics/274563/annual-net-income...
My understanding is the majority of those loss years was due to how they accounted for RSUs, however I can’t find that easily right now.
I don’t get the impression that it was at all close to imploding pre-musk. Do you have any links to back up that claim?
* Their add platform is truly terrible. Ask anyone who deals in that area to compare it with Meta or Google's and they will laugh.
* They can't ship new products. Since 2008 they have increased the size of tweets from 140 characters to 280 characters, and that is the biggest change. Look how many things Facebook has tried in the same time. Some failed, but lots succeeded.
Also in the history of bad decisions, surely the decision to kill Vine is right up there? Occasionally people still find an old Vine video and share it. What could have been...
Like which ones? Not being sarcastic, I just can't think of any off the top of my head.
