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by MonkeyMalarky 1435 days ago
>Twitter has huge growth in front of it.

Twitter has been around for 16 years. In western countries, I think everyone who was going to join, has joined by now. What growth is left? Children becoming old enough to join, people with multiple accounts?

2 comments

An internet protocol for short message services with an established user base. This was Dorsey's vision, and one Musk appeared to nod to. A t.co product could compete with Signal, Slack, and WhatsApp. Further Slack has wasted what I thought was a huge opportunity to create a Twitter competitor where channels could have public facing boards that published curated highlights from Slack chat. They could have done federation without the body odor. A t.co product could just adapt their existing userbase into using private IRC-like experience, with all of their celebrity and social proof stuff intact.

The product level stuff has huge opportunity, but I think the company became too indexed on their nannyishness, so much so that some billionaire got pissed off and is taking their toy from them.

> A t.co product could compete with Signal, Slack, and WhatsApp.

Entering a crowded and poorly differentiated market where there already huge players with major network effects is the plan? Seems unlikely.

More likely he wanted to do exactly what he said: reduce content moderation (hence expenses) and get people to pay for verified accounts. But none of that is likely to pay back the 20B premium he'd have to pay for it today, so he wants out.

A fully adopted protocol with whole new products on top of it will make the 20B back. It's a platform killer. Elon's basically building an internet Deathstar, and we can only hope he will use it for good.
Ah right, how could I have missed the "great sorcerer" theory of Musk.

The whole media landscape seems to be entertaining itself and it's audience with that wholly unoriginal one, cuz they sure love their rich fictional anti-heroes.

Right?

Twitter's done.

But that's not the point or where it value lies.

Stepping back a bit, assuming one can grow a social media platform to XX% of the population, what makes it any more or less valuable than the next fad/platform that grows to the same XX%? If you are selling eyeball-time via ads, the two platforms have similar value. Maybe it's a little bit different with better ad targeting. But any arguments based on "our audience consists of well educated 18-35 year olds with disposable income" lose merit once growth plateaus and you realize that your audience is just the same general population that cable reached 20 years ago.