Twitter, or how it is called now X, has all the characteristics of a company that should cease to exist. Catastrophic handover of the assets, chaotic decisions and controversy policy. But it is still operational. How come?
Everything we know about the business somehow is not applicable to this eccentric leader. Does it mean that if you have all the money in the world, you can do whatever you want to do?
Or does it mean that all the chaos was just another way to attract the attention and to earn free advertisement and attention from the audience?
Well Facebook tried to create alternative, but it seems like a colossal flop. Or maybe there is really no business idea and nothing that can make the business with microblogging appealing enough for big players to come and take it.
We live in an entrepreneur first business where competition and innovation are a key to success, yet some businesses are immune from an actual competition. And not having a solid alternative is a loss for the end user.