X global user base continues to grow rapidly and added 10m users in December. X is rolling out features (Video, Spaces, Grok, Long posts, Search at a fast clip now.
The TAM is quite large with products in pipeline for online Payments, Shopping, Content and Hiring. Most importantly X is a gold mine of real time data with 500m-1B posts daily and xAI (Grok) is going to learn rapidly.
How will X look like in 2028 ? Will they be able to execute ?
Twitter adding users or features all basically mask the failure of Twitter. The only success of Twitter is its network effect means another company cannot replace it. The enthusiasm some folks had when Musk bought it basically gave way for the frustration of chaos he unleashed.
I understand we are not going to be good at everything we do, failures are part of human experience. But if you spin Twitter by Musk as a success, that is delusional.
I am saying that even though Musk overpaid, $44B will look like a bargain in a few years.
So far, Musk and his team has squandered the purchase. I don’t see any meaningful value unlock. Slowly many influential folks are moving away, advertisers are moving away. Time will tell, it looks like TWTR is an opportunity squandered away.
Subscribers are up, Usage is up, Features are up,
Impressions are up.
Number of employees and costs are down 75%.
And the paying customers are leaving while the owner tells them to go F themselves. Dont forget that part.
This is accurate. Big advertisers are fleeing X causing a massive loss of revenue.
However, small and mid size businesses (which tend to be right leaning) are flocking to X as it rolls out more features to help them. It is a much more sustainable path to profitability.
The most interesting thing to me about if Sapians colonize Mars is how will they evolve and differ over time than the Sapians on earth. If we took other species, we probably assume they will evolve to something different, so why wouldn’t Sapians?
Wow. Who peed in your Wheaties?
Musk has done some amazing things with a couple of his companies. Less with others. With Twitter, so far, a public and private disaster.
I’m not one to close my eyes to someone’s faults just because they’ve had terrific success elsewhere. Henry Ford was a terrible person in some aspects and a mastermind in developing the assembly line. Edison was a genius, but dishonorable in many ways. Steve Jobs fit the category of brilliant with Apple but stupid for trying to cure his pancreatic cancer with fruit juices.
That more or less summarizes my view of Musk: a business genius in some respects, a terrible person and failure in others. His promises have been absurdly wrong in many things, he sells a defective product (recalled yesterday) even as he excels in putting EVs on the road and rockets into space better than anyone in history.
His brilliance in technology does not mean he understands the difference between “making things” and “understanding people.” He is abjectly deficient in the latter, and it shows with his reckless disregard of societal norms (not to mention just silly/stupid moves along the way) in running the platform by whim. I can appreciate his success in one place without slavishly fawning over everything he does. That is too difficult for some, obviously,
Seeing this discussion about Musk had to make me smile, because I wondered if the board was still lively. Am so glad to see so many familiar names.
Dave and I wish you all a very Merry Christmas and a Happy New Year.
Sincerely,
jan
:^)
X traffic tripled. Eclipses Instagram
That’s not what it says. Organic traffic is visits that come from outside the platform. That’s not the same as visits. The key metrics remain the number of regular users and how much time they spend on the site.
I haven’t been following, but I’m certain if regular users were increasing and were more engaged, Musk would be shouting the numbers from the rooftops.
[Scroll up the thread to see 10million users added in December.]
(https://twitter.com/lindayaX/status/1732914614634262917)