Re:SoundCloud saved by emergency funding as CEO steps aside
by zjaffee on Friday August 11, 2017 @09:05PM
(#14995734)
Bandcamp should be viewed as the indie record store of the digital age. It's can keep it's cool without being fancy, and niche users will spend money there to support the bands that they personally enjoy. Additionally, band camp doesn't require nearly the same server load that a social media company would, nor anything fancy technically.
Twitter on the other hand could never have been built without being venture funded from the beginning, the growth of their product was only possible because it could scale and have the kind of uptime it did, and that venture funding allowed them to hire the engineering talent that made it all possible. Maybe now, twitter could lay off 90% of their staff and figure something out, but it seems pretty unlikely that would be the case.
Re:SoundCloud saved by emergency funding as CEO steps aside
by brandnewlow on Friday August 11, 2017 @05:45PM
(#14994597)
Kinda yeah. A big reason Twitter has the ad revenue it does and the celebrities posting that it does is because it throws lots of non technical people at ad agencies and talent management groups to get them on board. Those people need desks.
I mean, maybe I'm hanging my ignorance on the clothesline here, but the product is built, yea? Do they really need that massive warehouse in the Tenderloin, AND their global offices?