What Twitter needs

Nobody wants to buy Twitter. It made it obvious it was up for sale – but one by one the buys dropped out. The reasons seem numerous – the trolling problem for one. But, at its core, the reluctance seems to be based around the fact that Twitter is out-of-control financially.

John Hampton has a suggestion:

The problem is if you mix this with a Salesforce.com or similar company it will be really hard to take costs out in a disciplined fashion without upsetting the culture of the home company. Instead this should be fixed (with extreme prejudice by a disinterested outsider) before it is sold again to a strategic buyer.

Or – in summary: the best bastards are from Wall Street. And this needs a Wall Street bastard.

It’s unpleasant to think about – especially as I have friends at Twitter – but perhaps what the service need is a brutal paring back of staff and focus to makes it concentrate on improving its core product, rather than odd VR plays.

I badly want Twitter to survive – and thrive – but it really needs an intervention right now.