> Okay, maybe Twitter can raise revenue with Twitter Blue.
This made me laugh. Twitter Blue will have to be great for people to pay. Out of all your numbers, I wonder how many of those 155M users in the US actually post anything that would find value in Blue? My guess is that we're seeing Pareto in action where 80% of the Twitter content comes from 20% of the users.
I heard an interesting take today from someone in the social space. Basically as soon as they heard the price paid for Twitter, they knew it was over. It's just too much debt to both get out from under and move the company in the right direction.
I've started to come around that maybe it is that simple. Musk saw the debt payment and just cut the most easily cuttable expense in the short term - people. Bankruptcy seems inevitable.
I 100% agree with you. I don't even know how seriously Musk can try to avoid bankruptcy.
The leaked company communications are damning. Here's your brand new owner, richest guy in the world, implying the company might not survive another year or two, for a company that's been public, mature, and stable for years. It's completely insane.
Like I alluded to my comment, Discord's revenue story is essentially a best-case scenario type of benchmark. It's very unlikely that Twitter or anyone else in the social media space can replicate Discord's paid user share. Discord has been designing their product around a specific niche and optimizing for non-advertising revenue since inception. Twitter is designed for advertisers. It was never intended to be a paid product. They'll be lucky if 1% of their users bite.
This made me laugh. Twitter Blue will have to be great for people to pay. Out of all your numbers, I wonder how many of those 155M users in the US actually post anything that would find value in Blue? My guess is that we're seeing Pareto in action where 80% of the Twitter content comes from 20% of the users.
I heard an interesting take today from someone in the social space. Basically as soon as they heard the price paid for Twitter, they knew it was over. It's just too much debt to both get out from under and move the company in the right direction.
I've started to come around that maybe it is that simple. Musk saw the debt payment and just cut the most easily cuttable expense in the short term - people. Bankruptcy seems inevitable.