Linked: “Twitter Is Working on a Snapchat-Style Video Sharing Tool”

via Bloomberg Tech:

I truly feel for Jack Dorsey at Twitter. Yes, he’s made millions in stock and salary but his dream for Twitter was a global communications system inspired by the routes and movements of bike messengers. Where anyone with SMS could share with everyone in the world without borders and restrictions not what they were doing right now.

Twitter was used for uprisings, sway elections, raise awareness for causes and bring voices to those who had no access to Internet and gave them a global microphone.

These days, Twitter is simply trying to keep up with everyone else because the company (and Ev/Biz after they fired Jack in a hostile takeover) decided to take a huge amount of VC money and grow to 1,000 employees. Their run-rate was aggressive and they had to make money or die and then they had to file an IPO or die and continue to lose money while Facebook eats their lunch.

If Twitter had remained devoted to the core functionality, introduced advertisements early and remained an SMS service that’s ad-supported or micro-payment supported, we’d have a different company today. Instead, they added media hosting, lists, their own URL shortener, did all they could to kill off 3rd party API driven apps and own the entire Twitter app ecosystem (and for some reason bid on NFL games).

The entire situation is so broken over there. I blame Ev and Biz for bringing them into this mess (and to some degree, Dick). Jack now owns this dumpster fire and they’re copying Snapchat just keep investors on-board. sigh.

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