Jason Calacanis
Angel investor, Jason Calacanis, is more known to the domain investor community for his ownership of 20.com.
Calacanis sought advice on NamePros to broker the domain name; his price range exceeds $3.4 million dollars, which was an offer he turned down in the past.
Now, Calacanis is addressing Twitter as a “beautiful disaster” due to excessive trolling and other white noise persistent on the popular social media platform:
“twitter is a beautiful disaster: we love the platform but the platform doesn’t love us back. Zero product updates w/decaying discourse.”
“stand behind my comments today that someone new needs to be given a chance to fix the platform & save the company.”
“Twitter can’t figure out how to manage trolls, Facebook & YouTube have — ask yourself why? Poorly executed strategy & horrible comms”
It seems that some investors are dumping Twitter as an underperforming stock, according to Calacanis & CNBC.
Calacanis stated that “Without President Donald Trump’s Tweets, the company’s growth would be down rather than flat, he said. The Trump bump effectively gives the stock a 5 percent premium.”
With its 140 character limit and dubious filtration, Twitter gives the impression to some that it’s a substitute for quality content provided on a variety of other media – a notion that’s far from true.
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