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by taytus
3394 days ago
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"Why Twitter ignores the crap which pollutes their product", this is easy to answer. Investors.
Investors who don't care about nothing but vanity metrics, investors who don't make CEOs accountable. This is why, twitter is not the exception. |
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A list of the largest Twitter shareholders[1] includes Blackrock, Vanguard, Fidelity, Morgan Stanley etc. These folks really don't care about "engagement metrics", except as proxies for revenue.
This argument can hold for earlier-stage companies with investors hoping to sell at inflated valuations to a greater fool later in line, but once you've been publicly held for several years, it's quite a stretch. Whatever's hurting Twitter's ability to fix its problems, it isn't "investor pressure".
[1] http://investors.morningstar.com/ownership/shareholders-majo...