Fred Wilson: ‘The Twitter Contradiction’

Fred Wilson:

I just don’t understand the narrative around Twitter. “It is in trouble. It isn’t growing. It’s time has come and gone. The kids all use Snapchat and Instagram.”

That last part is true, to a degree. But it isn’t as simple as that.

The presumptive Republican nominee for President of the United States has largely conducted his campaign on Twitter and in massive public appearances that feel like rock concerts. He has avoided the traditional media channels and taken his message direct to the people on Twitter. Not on Facebook. Not on Instagram. Not on Snapchat. Not on Pinterest. Not on his website or mobile app. On Twitter.

He makes a good point, but I don’t think there’s a contradiction. On the one hand, Twitter is a powerful publishing platform that has become the de facto official medium for famous people to make public statements about what is going on right now.

The problem is, that’s not the description of a social network. It’s a description of a publishing platform. Twitter’s trouble is that it’s being viewed by investors as a social network.

Monday, 29 February 2016