Elon Musk: Twitter loses half of ad revenue – IT Pro – News

If folks had been ready for one thing, it was already made by somebody (supplied it’s technically potential, and so forth).
The entire concept of ​​a start-up or modern new product is to faucet into a brand new market. 100 years in the past folks did not sit on the dinner desk considering “gosh, how helpful it could be if I had an oblong dice with which I might talk with my acquaintances wherever they’re.”.
A Western WeChat might very properly change into well-liked, however then it needs to be constructed and expanded from the bottom up and that requires loads of time and belief… and (Musk’s) Twitter would not have that.

Twitter was already an current firm, with an current consumer base, which was already not worthwhile, and the place the ‘new glow’ had already worn off. X.com (later paypal), SpaceX, Tesla, these are all firms he joined/began as a result of it was a brand new modern factor that he believed in himself.
I believe Twitter feels extra like another person’s soiled laundry.
Sure he had hopes that he might flip the ‘left-leaning propaganda machine’ referred to as Twitter into one thing new and refreshing, however extra ‘right-leaning’ concepts have by no means caught on with the consumer base and the ‘mass’ of typically youthful people who makes use of such a platform as Twitter.
The final development is in direction of extra ‘left’ (left/proper is a bit too brief, however anyway) on the subject of these sorts of platforms. That is not as a result of there are extra left-leaning folks, however as a result of the kind of individuals who attraction to such a platform are, on common, extra left-leaning.
I, as a considerably extra ‘proper’ leaning particular person, don’t have any curiosity in any respect in a platform like Twitter. I would not care what every kind of celebrities consider every kind of issues, I’ve higher issues to do with my time than doom scrolling for nonsensical fluff ‘content material’.
I believe it was doomed to fail from the beginning.
After which we’ve not even talked concerning the bubble that’s at present bursting (see reddit as a superb instance) the place all a majority of these firms are beginning to run into the wall that it is rather tough to ask for cash for one thing that provided them free of charge for years as a result of there was a lot confidence from traders that valuations had been sky-high regardless of the pink numbers 12 months on 12 months.

Elon Musk is an clever man, however this transfer was not a wise one.