Let me do a mini-askHN: I'm thinking of joining Twitter to work on their anti-abuse efforts. What factors should I consider in my decision?
At first consideration, this news doesn't worry me a ton. They provide a product that provides a lot of user value, just to a smaller user base than they/investors hoped. They've found a reasonable way to monetize it, with $2b+/year in revenue. Their expenses are too high for that, but not egregiously so, with previously committed stock compensation being a big chunk of things. There's still a lot they can do with the product. And they've got a unique value that's hard for other people to replicate: it's the place for public figures (public figures at all scales) to interact.
Am I crazy here? I know I'm taking a risk, but I'm not seeing more risk than, say, joining a Series A startup, which I've happily done before.
At first consideration, this news doesn't worry me a ton. They provide a product that provides a lot of user value, just to a smaller user base than they/investors hoped. They've found a reasonable way to monetize it, with $2b+/year in revenue. Their expenses are too high for that, but not egregiously so, with previously committed stock compensation being a big chunk of things. There's still a lot they can do with the product. And they've got a unique value that's hard for other people to replicate: it's the place for public figures (public figures at all scales) to interact.
Am I crazy here? I know I'm taking a risk, but I'm not seeing more risk than, say, joining a Series A startup, which I've happily done before.