oh.. I never personally liked Twitter. I was just thinking about the company itself rather than their products.
> It's just a logo
It also objectively sucks. I don't think we just handwave poor design instead of making fun of it and mocking it. The world is as already as ugly as it is..
> At the very least, by integrating payments your social media platform doesn't have have to sell ads
How much do they think they could get from these payments? 1-3%? Shopify's net revenue is lower than Twitter's was before they buyout and they are not even profitable. The interest payments alone on the debt Musk offloaded to Twitter as part of the acquisition are about equal to Shopify's quarterly revenue.
It's a very competitive field with basically no margins, I'm not quite sure what Twitters edge would be? They'd need to charge way more than their competitors if they wanted to use the revenue to fund the rest of the company after getting rid of ads...
> integrated payment methods rather than posting on Facebook
The lack of an integrated payment processor is not the reason Facebook Marketplace doesen't support direct payment payments. That's an insignificant problem compared to all the other stuff they would need to handle with huge costs due to significant overhead (just like at what Ebay does, also they charge 10%+ and they are not that profitable either).
oh.. I never personally liked Twitter. I was just thinking about the company itself rather than their products.
> It's just a logo
It also objectively sucks. I don't think we just handwave poor design instead of making fun of it and mocking it. The world is as already as ugly as it is..
> At the very least, by integrating payments your social media platform doesn't have have to sell ads
How much do they think they could get from these payments? 1-3%? Shopify's net revenue is lower than Twitter's was before they buyout and they are not even profitable. The interest payments alone on the debt Musk offloaded to Twitter as part of the acquisition are about equal to Shopify's quarterly revenue.
It's a very competitive field with basically no margins, I'm not quite sure what Twitters edge would be? They'd need to charge way more than their competitors if they wanted to use the revenue to fund the rest of the company after getting rid of ads...
> integrated payment methods rather than posting on Facebook
The lack of an integrated payment processor is not the reason Facebook Marketplace doesen't support direct payment payments. That's an insignificant problem compared to all the other stuff they would need to handle with huge costs due to significant overhead (just like at what Ebay does, also they charge 10%+ and they are not that profitable either).