Changing the Narrative on Twitter: Revue, Spaces, and Prof G
Fascinating read, especially the "Because Twitter has monetized so ineffectively and developed product so slowly, it’s avoided some of the reputational damage its competitors face." Also, am slowly picking up on the Galloway dunking on Twitter. Quick question, but would you consider Facebook and its relationship to say Pinterest in the world of advertising to be similar in tone to Twitter's with Substack/Clubhouse?
Terrific stuff Packy. What are your thoughts on how Twitter could reduce friction for substack users like yourself? What would it take for you to port your newsletter over to Twitter/Revue?
I imagine a sign-up bonus of sorts would help to poach many substack users who are on the margin in terms of earning some revenue from their writing. And an easy 1-click equivalent transfer would probably go a long way too.
Another way to frame this is: what are all of the stocks that have a narrative that are impacting the stock? With narrative defined as some combination of real changes, and also an increased belief in future changes that are good. And which of those may change?
For example, this post: https://www.notboring.co/p/everybody-hates-facecbook
But I don't think that the post addresses how the narrative could change for FB -- what exactly would need to happen to shift the narrative for FB?
Packy, editing tip: write your headlines as sentences. They'll read better when you podcast them and convey the punch and emotion better than the fragments you've been using. Be well.
hi, how did you calculate the Annual Revenue Fee at $217m? wasn't it Annual Rev = Monthly Rev*12, which equals to $5.3m*12=$63.6m??
I really enjoyed reading this. Thank you!
That's not how Section 230 works, friend.
Great piece Packy!
This one was a doozy Packy.
"The narrative around Snap changed. This isn’t a struggling dick pic company that can’t acquire older users and is getting its lunch eaten by Instagram Stories anymore."
Thanks for writing.