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Twitter CEO Exit: When Wall Street Clashes With Tech
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Li Tan
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Li Tan,
User Rank: Ninja
6/17/2015 | 10:52:39 AM
Re: Strange
I agree - something popular does not mean that it's profitable. Twitter keeps struggling with making money and I don't think such kind of business model can sustain for the long run.
Brian.Dean
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Brian.Dean,
User Rank: Ninja
6/17/2015 | 2:23:14 AM
Re: One Billion
@jastroff, you raised a great point about considering the other side of the equation. Wall Street might have maneuvered itself into a dead end by focusing on user growth as a precursor to profitability.

User growth might be possible for Twitter but, all the ideas that come to mind at the moment would entail Twitter to becomes more like, Facebook, LinkedIn, Quora, YouTube, Instagram or Whatsapp, etc., it is a mature market as David pointed out. If Wall Street had considered the other side of the equation then, like you said, it could have looked in transforming the revenue to profit margins by investigating tending data of user and would have made Twitter similar to Gartner's model -- help businesses understand consumers, don't help businesses reach consumers.

 
David Wagner
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David Wagner,
User Rank: Strategist
6/15/2015 | 12:49:53 PM
Re: One Billion
@jastroff- To me the issue with Twitter being a "huge pile of data" is that the people who make the data have to want to keep inputting the data. As you mentioned yourself, Twitter is not user friendly. And it is pretty bot heavy. If I were a Twitter and the companies that like to use Twitter analytics, I'd be taking a careful look at the value of that data and how it is changing from day to day. 
Whoopty
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Whoopty,
User Rank: Ninja
6/15/2015 | 7:47:58 AM
Strange
It really is bizarre that properties like Twitter can be worth so much money, have such huge user bases and be such big parts of everyday life for many people and yet struggle to make a profit. If Twitter disappeared tomorrow I don't think there would be a decent competitor that could take over and provide a similar service, so its competition is limited. 

Why can't it make enough money to stay afloat? A lost billion people is a shame, but if you have 300 million users and can't make money off of that, something's wrong with the business model. 
Technocrati
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Technocrati,
User Rank: Ninja
6/14/2015 | 5:37:06 PM
Re: One Billion
Yes, that is how I understand the term as well.  When I refer to the "Wall Street" it is with Banking and Investment that I think of even though it surly comprises many other sub-categories.
jastroff
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jastroff,
User Rank: Ninja
6/14/2015 | 5:07:49 PM
Re: One Billion
It's clear that "Wall Street" is just the catch-all phrase for the US Financial system of everything -- from finance to investment to mortgages. It's not one place, and not one group.
Technocrati
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Technocrati,
User Rank: Ninja
6/14/2015 | 3:34:06 PM
Re: One Billion

"...Let's not be too hard on Wall St, per se. The Silicon Valley - Wall Street circle is quite clear -- you don't get the money, you don't grow into a company. And if you don't have a company / technology idea, Wall St has no where to invest. It's a circle that can be a bubble, but the two together are powering the world economy, with some investment from "overseas"."

 

 

@Jastroff   Excellent observation.  Since I am normally against all that is Wall Street -  I do undoubtably agree with your statement of fact.

Technocrati
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Technocrati,
User Rank: Ninja
6/14/2015 | 3:29:42 PM
Re: One Billion

As for getting value out of Twitter, just follow the people/organizations you can learn from. And you will be a better informed individual. 

 

@jastroff    Great advice.  I can be stubborn about things but I will give it a try.  : ) 

 

And sell the data ?  Of course !  What was I thinking ?  : ) 

Technocrati
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Technocrati,
User Rank: Ninja
6/14/2015 | 3:24:31 PM
Re: One Billion

"...Social media is such a volatile market that users have to really be impress them or they move to the next social media trend."

 

 

@PedroGonzales    Excellent point.   You have stated exactly what I was trying to say in terms of Wall Street expectations.   The fickleness of social media platform use is very real and something that must be take into serious consideration.

Get ready Instagram, it looks like they are next.

jastroff
100%
0%
jastroff,
User Rank: Ninja
6/14/2015 | 3:10:50 PM
Re: Jack Dorsey's Mission: Reduce Operational Costs ( Please)
>> operation cost containment. = "efficiencies"

 

Poor Jack - he couldn't do it the first time - they are looking for someone like Reed Hastings to come in and run it. Good luck.
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