My firm owns a small position in Twitter, and I recently penned a letter to new CEO, Parag Agarwal, that I’m sharing here. A bit of additional commentary on two things before the letter: Twitter is already the preferred public social platform for web3 creators (Discord is the preferred private one). They’ve created that position, intentionally or not, by embracing the biggest trend of the next decade that we’ve talked about here at length —
Doug, I see your contrarian thought and raise you with another one. Centralized platforms are seeing their last years regardless of what they do. Being a public company, Twitter has a greater disadvantage. The scale of Twitter as a network is still not possible on any blockchain, but once it happens, this is going to be the major flippening.
An Open Letter to Twitter’s New CEO
Doug, I see your contrarian thought and raise you with another one. Centralized platforms are seeing their last years regardless of what they do. Being a public company, Twitter has a greater disadvantage. The scale of Twitter as a network is still not possible on any blockchain, but once it happens, this is going to be the major flippening.