I was a consultant at Twitter. The engineers there love complexity. They created layers and layers just to justify their positions so they can have fuel to burn to climb up the ladder. Most of the stuff they built is unnecessary and that effort could have been spent elsewhere. The managers enabled this because they needed the efforts to climb up as well. There was an in-group bias there that kept opposing voices away which creates deep valleys of blindness that crack the company eventually. Which is what happened, Twitter was dead weight for a long time. Glad Elon is there to shake things up. Jack was not effective anymore. Actually the culture he enabled is what brought Twitter to the point it was.
This happens everywhere so nothing new here. Especially when tech investment has been free for such a long time. Maybe even this economic downturn wont disrupt the tech investment machine. We will see next year.
If Twitter goes public again. I will be the first to buy shares. Since it will actually be a good play going forward.
This happens everywhere so nothing new here. Especially when tech investment has been free for such a long time. Maybe even this economic downturn wont disrupt the tech investment machine. We will see next year.
If Twitter goes public again. I will be the first to buy shares. Since it will actually be a good play going forward.