(Well, not "totally"...OnlyFans famously offers certain adult subscriptions that I suspect TWTR will not support)
2/
Spaces dicovery:
When I tap the Spaces button, TWTR knows I'm ready for discovery. TWTR should immediately launch me into a Space that it believes matches my interests at that moment (this is also valuable promotional real estate). It should start automatically, like TikTok.
3/
TWTR removes this friction. Not only does TWTR already have all of the hosts & hundreds of millions of listeners, but many of those...are already connected.
They don't need to go to a competing app & rediscover each other. That's a crappy experience & a threat to TWTR's moat.
4/
Twitter's long-term value proposition is built on driving user growth.
More committed Creators and more engaged users are the chicken and the egg. Both sides increase the attractiveness for all parties, creating a magnet for growth.
Pure network effect.
5/
TWTR mgmt blasted warning shots over The Valley today.
They announced they are no longer messing around. They are tired of being the butt of Silicon Valley's jokes and the ire of user frustration. TWTR intends to win. There's gold in them hills and Twitter plans to get it.
6/
If you find this discussion interesting, my Revue profile is below.
Maybe soon, I'll have a Twitter Creator page on the Super App, though I don't intend to charge anything for my thoughts.
Coffee + Wisdom shared by masters. I will thread highlights below: 👇👇
Berkshire’s resilience shines:
“We did, though, increase Berkshire’s per-share intrinsic value by both retaining earnings and repurchasing about 5% of our shares.”
Rare to see a CEO state unequivocally that IVPS grew. Frankly, it’s rare to even mention IVPS.
..but the train wreck that is post-deal SPACs is epic.
Each day the SPAC machine issues 5-10 more, driving future shorting profits to the moon.
🤑🚀💥
1/n
Post-deal SPACs skew toward 𝐡𝐨𝐫𝐫𝐢𝐟𝐢𝐜 company quality. The best analog is IPOs c1999.
With luck, SPAC-mania lasts for quite a while, REALLY stocking the pond.
We are going to witness Desperation Buying (TM) by sponsors, as they fight to deploy capital into shitcos.
2/n
Why Desperation Buying (TM)?
Sponsors either: get a deal approved & receive massive pay; or fail to get a deal & lose their sponsor equity, is a perverse incentive driving bad behavior.
It’s going to get MUCH worse, as this vintage matures.
🤮