web11's comments

On: Sync will shut down on June 30

[web11]

But infra is not free. To buy it one needs to raise VC money. Story repeats

On: Sync will shut down on June 30

[web11]

is not it in the top 5/10 websites in the world?

[willis936 → web11]

How does that make it too big to fail?

Are people worried about their deposits? Was Twitter too big to fail? Myspace? Digg?

[eric_cc → willis936]

Did Twitter fail?

[willis936 → eric_cc]

Yes.

[add-sub-mul-div → willis936]

It has failed to remain good/worthwhile. But what I meant is that it's too big to go away and get replaced by something else completely. It has so many users staying there out of habit/inertia, it will take a decade for them to dwindle away.

[eric_cc → willis936]

Aside from some advertisers leaving, what other metric are you basing this on?

[peoplefromibiza → eric_cc]

less users overall

less tweets per user (down by 25%)

less time spent on the platform

less overall visits

> side from some advertisers leavin

that's some understatement!

Ad Sales: down by 59%

[eric_cc → peoplefromibiza]

Source?

[peoplefromibiza → eric_cc]

https://www.pewresearch.org/short-reads/2023/05/17/how-us-ad...

https://www.theguardian.com/technology/2022/dec/13/twitter-l...

https://www.similarweb.com/blog/insights/social-media-news/t...

https://www.nytimes.com/2023/06/05/technology/twitter-ad-sal...