What We All Got Wrong About Twitter
Land of the Giants
00:00
Twitter's Shift from Open Protocol to VC Company
Jack believed in the protocol notion of the product and Twitter as the public town square, but accepting VC money meant the end of the dream of an open protocol. Twitter's refusal of a $12 million offer led to multiple rounds of VC funding, which signified a shift to a VC company with the expectation of an outsized return, contrary to the initial vision.
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