Re:Meta’s testing $12 per month paid verification on Instagr...
by danShumway on Monday February 20, 2023 @12:23AM
(#34865187)
> He may very well prove that you can make a social media service more profitable
I'm not sure that anyone should be looking at Twitter and thinking, "this is a good strategy for making things more profitable." Is Twitter making more money? They were already losing money before, and my understanding is that post-transition a bad situation has turned into a crisis.
What are the odds that Twitter ends up being seen as something to emulate in business and not as a cautionary tale? I mean, never say never, but the impression I've gotten about Twitter's financial prospects is not optimistic.
I'm not sure that anyone should be looking at Twitter and thinking, "this is a good strategy for making things more profitable." Is Twitter making more money? They were already losing money before, and my understanding is that post-transition a bad situation has turned into a crisis.
What are the odds that Twitter ends up being seen as something to emulate in business and not as a cautionary tale? I mean, never say never, but the impression I've gotten about Twitter's financial prospects is not optimistic.