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.
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.
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