Twitter’s Future Is a Return to Elon Musk’s Past

Elon Musk fired 80% of Twitter (6500 people) and everyone thought that Twitter was doomed. He was right. Everyone was wrong. It’s the management masterclass of the decade and every entrepreneur must understand why it worked 🧵: https://t.co/jVq9psJuUZ

The recent history of the Internet, however, warns that we shouldn’t necessarily expect the endearingly homegrown nature of these 1,000 True Fans communities to persist. When viable new economic niches emerge online, venture-backed businesses, looking to extract their cut, are typically not far behind. Services such as Patreon and Kickstarter are j... See more