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by melted 3775 days ago
I hope they buy it for a different reason: so they could drain this useless sea of vapidity and narcissism, and drive the company into the ground within 3 years tops. Or maybe Dorsey will do it on his own, who knows. Twitter's chance of death goes up dramatically if it's not a standalone entity.
1 comments
mschuster91 3775 days ago
> Twitter's chance of death goes up dramatically if it's not a standalone entity.

Currently the whole TWTR management is looking to please short-term "investor" and "speculator" scum.

Companies don't exist for 3-month intervals and maximum gains, they exist for creating LONG TIME wealth (and that's the mistake Capitalism does).

Existence inside a huge, rock-solid company frees management from the cognitive and financial round to be hyper-effective for capitalists instead for their users (who actually create the work that makes Twitter exist).

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melted 3775 days ago
It also frees the management from "fear of God", which results in ridiculous investments and initiatives, accelerated (and unnecessary) hiring, proliferation of middle management, empire building, politics, etc, etc.
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mschuster91 3775 days ago
> It also frees the management from "fear of God"

It doesn't really matter if the "God" is Wall Street or a holding company like Alphabet.

Only that I'd trust a holding company to be forced to maintain the company in order to not risk its value. A stock holder on Wall St just wants as much profit as possible as fast as possible, and if it goes bust then you can always sell shorts and still profit.

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melted 3775 days ago
It does. Alphabet would care a great deal more if Twitter lives or dies. Wall St doesn't care in the slightest.
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mschuster91 3775 days ago
On the other side, Google doesn't always follow this rule and I wouldn't trust them much more to look after Twitter than Wall St.

Google has killed off (or left to rot, and then kill off) projects with huge user counts/business outlooks in the past... remember Google Reader and Google Code?

Both could have kicked Feedly's and Github's/SF's asses multiple times over with a bit of investment, and Google basically let them rot until the backend of Google's infrastructure changed too much to justify the needed adaptions on the projects.

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melted 3775 days ago
User counts were so pitifully small in those projects that they were destaffed for years before they were shut down.
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