I think what is surprising is Musks blatant disregard for Twitter as a platform. I’m not the expert of this but my understanding is that a platform strategy brings a range of other companies and offerings that extend your ecosystem and offer value to your users beyond what you need to build out yourself.
Twitter was an anomoly in my mind but now Reddit seems desperate to follow Musks magical playbook.
How much is a platform play worth in 2023? Was it all just hype or are Reddit and Musk reading it wrong?
You have to remember that most of these tech companies haven't been profitable for decades, they've been living on investment money. The problem is that you can't have infinite growth.
It's not Elon's fault and it's not Spez's fault. All of tech is becoming walled gardens in order to become profitable. The idea of 3rd party apps and available APIs was only there to build an audience. Once that audience gets locked in, once the market is cornered, it's time to go all-in on monetization. Especially now that interest rates are going back to normal levels.
It's like watching a couple in a toxic relationship who refuse to split up. It's hard to sympathize with either side.
Twitter’s data export feature already barely gives you a copy of your graph ha.
Seems like they want to own that at all costs