Joe Wheeler
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6 months ago
in Twitter Faces Serious Problems on Social Times
Totally agree.
I think it's a combination of a few things and now that the B round is closed, it should (has to) get better.
The very nature of raising money is extremely time consuming and mentally exhausting. I'm not taking anything away from Jack or Evan, but I think they (and their investors) would agree their time and energy would be better off spent on running Twitter instead of drowning in the "deal".
So I think the chronology of events makes sense. Jack and Ev were distracted to get the deal done, traffic continued to grow, which caused reduced attention to scale and performance and the site sucked. Which it did/does.
Notice. The deal was done last night and Jack made a post about downtime. Interesting timing.
What surprises me a little is that Fred and Albert at Union Square Ventures didn't step in a little earlier than they did to give a boost. I know all of that takes time to put together, and they have probably been working on it a long time, but I think it was a little late. I think the majority of heavy Twitter users would also agree.
At the same time, I'm really not worried at all about their business, their business model, or their uptime at this point. Why? Because I know that Union Square is behind them, and now the rumor is that Bijan and his crew at Spark Capital led this B round with USV. It makes sense; both of those companies have very solid portfolios, know what they are doing, and have been in the game for a while.
Now that the round is done, I think we'll see at least one or two top notch engineers join Twitter to help them grow (the right way).
Cudos to the Twitter team, Union Square, and Spark (I think)
I think it's a combination of a few things and now that the B round is closed, it should (has to) get better.
The very nature of raising money is extremely time consuming and mentally exhausting. I'm not taking anything away from Jack or Evan, but I think they (and their investors) would agree their time and energy would be better off spent on running Twitter instead of drowning in the "deal".
So I think the chronology of events makes sense. Jack and Ev were distracted to get the deal done, traffic continued to grow, which caused reduced attention to scale and performance and the site sucked. Which it did/does.
Notice. The deal was done last night and Jack made a post about downtime. Interesting timing.
What surprises me a little is that Fred and Albert at Union Square Ventures didn't step in a little earlier than they did to give a boost. I know all of that takes time to put together, and they have probably been working on it a long time, but I think it was a little late. I think the majority of heavy Twitter users would also agree.
At the same time, I'm really not worried at all about their business, their business model, or their uptime at this point. Why? Because I know that Union Square is behind them, and now the rumor is that Bijan and his crew at Spark Capital led this B round with USV. It makes sense; both of those companies have very solid portfolios, know what they are doing, and have been in the game for a while.
Now that the round is done, I think we'll see at least one or two top notch engineers join Twitter to help them grow (the right way).
Cudos to the Twitter team, Union Square, and Spark (I think)