Was it the worst-run tech company of all time?
It might have stiff competition, but it could be.
11 thoughts on “Twitter”
Comments are closed.
Was it the worst-run tech company of all time?
It might have stiff competition, but it could be.
Comments are closed.
Was it the worst-run tech company of all time?
I dunno, in the tech world it has some pretty significant competition.
This is the kind of thread that is ripe for The Four Yorkshiremen treatment.
Didn’t we just talk about FTX?
+1
Especially if you want to focus on how it was run. Twitter as a business concern was run fairly well with the exception of taking a piss on half its potential market. Even then, it still seemed to attract a good portion of those wanting to use it despite the obvious bias. That suggests it is doing well for what it was. If you consider the company’s seemingly purposeful desire to create a progressive positive narrative; it was a major success.
It also seems that these receipts of what really went on seem to have little effect. The portion of the population that cares enough to follow the new developments already knew all this, either from being in on it or being screwed by it. If there is anything support it being poorly run, then it is that Twitter is the only one of the tech companies that coordinated with government to suppress speech that had a reckoning. None of the government individuals nor other tech companies like Meta, Apple, Alphabet seem to be affected by their malfeasance.
On the other hand, FTX screwed itself and everyone associated with it.
The fact a reckoning was possible argues that it had to have been vulnerable in the first place. The board didn’t choose to sell — and then to sue Musk when he balked — because they were sure the company would keep making them rich indefinitely.
Bingo! +10
In fact had not Elon got involved, I suspect Twitter would have soon “merged with” (i.e. gotten swallowed up by) another Tech giant, probably Meta. Then downsized without all the rending of cloth… If you are now an ex-Twit you’d likely have been one anyway, but without a bogeyman to blame.
…and in a non-Elon-verse the censorious policies would likely have been killed off to try to make the platform more ‘competitive’ to ‘expand the user base’. It was already seeing competition in its space. The advertisers want eyes not theology. But in the end the countless waves of ads flooding out the content is going to probably kill off social media anyway. The crash will be quick, I hope California unemployment services are up to the task. I think scaled P2P is going to win out in the end. We’ll see.
The problem I have with FTX is that although the numbers are massive, how upset do I get when clowns get run over by the clown car driven by a….
Twitter was very well ran for the purposes its managers considered their core mission
The trouble with tech companies (and most other companies as well) is that we have selection bias. We only remember the sucessful ones. FTX was a grand and glorious, groundbreaking company, until it wasn’t. Same with Enron, Barings, all the companies in the dot com bubble. Huge names, that no one remembers now. At least until the next grand and glorious, groundbreaking company becomes a bigtime flop. Companies founded by people who may have the next big idea but have no idea how to actually run a company, that the money is not theirs to spend anyway they want. And, most importantly, either don’t know or don’t care that what they are doing is big time fraud. If the SEC weren’t a tool of the left, twitter would probably have crashed and burned a long time ago. Now the questions are whether Musk can salvage the company and whether he goes after the people that he paid 41 billion to and get most of it back for the level of deception they have practiced on everyone before he bought the company.
Think of all the “Vaporware” computer programs promised over the years… And then there is the Microsoft OS over the years *cough*.