In fairness, I’ve never seen it this bad. What has happened today is headline news.Is this now the third time in a year that Twitter is dieing and it’s……….still going.
I think he has seen asset value crumble still further and advertiser revenue fall - why pay for adverts if no-one can see them? - and anger from users. Yet another gamble to convert into a PPV platform by stealth is failing and I assume its now about how much of the $44bn he overpaid for the platform he wants to lose
The way he is going about it more people will just leave the platform and it could easily another MySpace
I think Sky buying Myspace was also impressive back in the day.$44bn for a site that could never make money itself.
It's essentially an aggregator of stuff happening on other (money making) sites, organisations and other platforms, i.e. television.
Should have been run/sold as a low profit making site.
Didnt think anyone would beat ITV's vast overpayment for Friends Reunited, but here we are.