Jack Dorsey gives 1% Twitter stock to employee equity pool

Re:Jack Dorsey gives 1% Twitter stock to employee equity pool by onion2k on Friday October 23, 2015 @04:18AM (#10437426)

One thing that's worth adding - Twitter as a corporation might be in trouble, but Twitter as a product is not. If the corporation fails then the product would be bought by Facebook/Google/Apple/etc and carry on for a very long time yet.

Twitter might be hard (impossible?) to successfully monetize to the point where it's actually profitable, but as a platform it still has a huge amount of value that lots of people would like to own. Platforms with millions of users never fail quickly.

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Re:Jack Dorsey gives 1% Twitter stock to employee equity pool by afro88 on Friday October 23, 2015 @05:19AM (#10437590)

> Platforms with millions of users never fail quickly.

Yes they do. When a better product arrives that gains enough traction, users migrate very quickly. Myspace, Altavista, Aol etc.

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Re:Jack Dorsey gives 1% Twitter stock to employee equity pool by onion2k on Friday October 23, 2015 @06:15AM (#10437728)

Not really. Only AltaVista is dead.

MySpace: Still going at https://myspace.com/

Altavista: https://en.wikipedia.org/wiki/AltaVista - shut down in 2013, 10 years after it was sold to Yahoo!.

AOL: Very much still alive at http://www.aol.com, owns sites like Huffington Post.

And in response to mattmanser, ICQ: Still going at https://icq.com/

They may not be the behemoths of the tech industry any more but they are definitely not dead. And the only one that is dead took a decade before it was shut down.

Sites with millions of users never die quickly.

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Re:Jack Dorsey gives 1% Twitter stock to employee equity pool by adventured on Friday October 23, 2015 @07:07AM (#10437848)

Your position of never is not correct.

Formspring failed extremely fast.

http://techcrunch.com/2013/03/15/formspring-the-pioneering-a...

It was one of the fastest growing services in Web history, and unraveled just as fast.

The existing service was completely shut down. The homepage is now some kind of funnel for another service.

And an example that wasn't market based: Megaupload. 180 million users, killed overnight.

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Re:Jack Dorsey gives 1% Twitter stock to employee equity pool by rickyc091 on Friday October 23, 2015 @10:39AM (#10438829)

I've actually never heard of formspring. I guess the differentiator between formspring and twitter is that twitter is more mainstream. It's popular with celebrities, kids, etc. Formspring seems like a very specific niche market.

Megaupload was killed due to piracy issues. A bit different.

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Re:Jack Dorsey gives 1% Twitter stock to employee equity pool by mattmanser on Friday October 23, 2015 @10:33AM (#10438792)

We are working from a different definition of fail.

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Re:Jack Dorsey gives 1% Twitter stock to employee equity pool by mattmanser on Friday October 23, 2015 @05:40AM (#10437624)

ICQ is a better example of how quickly people abandon communications platforms.

Everyone used to use ICQ.

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Re:Jack Dorsey gives 1% Twitter stock to employee equity pool by k__ on Friday October 23, 2015 @06:02AM (#10437695)

Well, people used MySpace a long time. It even got relaunched a few times. So it din't die quick.

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