Quote: (02-06-2016 01:10 PM)General Stalin Wrote:
Sounds to me like that is just poor monetization on the part of the owners. You have a platform that so many people are using and relying on and you can't find a way to make money on it? Pfft.
Twitter has so much potential to be a hugely profitable company. It offers ad targeting on a level that makes Facebook seem weak and pathetic. Being able to target people based on who they follow should be all it takes to make it the most profitable ad-driven company, save for Google, on the Internet.
Despite this, it continues to bleed money because it's a massively bloated company with no fucking idea what it's doing. How much could it possibly cost to run something like Twitter? It doesn't have a complex algorithm like Google to sort results by quality or relevance or a huge farm of servers to cache search results in full detail -- it's just a fucking newsfeed service for end users.
For example, Twitter has 4,300 employees!!! How could you possibly need 4,300 people to run a website that's just a rip-off of Facebook's timeline feature? If it weren't a public company, Twitter would look like a money laundering scheme designed to take cash from VCs (and now the public) and redistribute it to overpaid, clueless San Francisco tech industry morons.
It amazes me how much Silicon Valley companies will waste on stupid things like "user engagement managers" and "platform exclusivity" when really they could make Twitter profitable in a couple of days by putting skyscraper banner ads on either side of the news feed and hiring some sales reps to get more ad spending from Fortune 500 companies.
I spend a fortune on Adwords and Facebook Ads and Twitter's ad platform is by far the worst platform in the industry. The entire company is run by clueless idiots.