this post was submitted on 11 May 2025
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Reminds me of how they shut down the incredibly successful Vine (short form video) because they figured they’d make more money with Periscope (very long form video). Despite literally nobody wanting it.
These tech bros live in a deluded bubble with no understanding on what average people want.
Hilarious it was immediately replaced by TikTok. The niche was there and was on the verge of blowing up, but they thought short videos weren't wanted.
That’s the ironic part, ByteDance was developing a clone of Vine as they saw that was the future, they had developed a killer algorithm and bought another Vine clone Music.ly for cheap to rebrand as Douyin (or TikTok internationally).
Mind you, Vine made money, it’s just that Twitter refused to pay content creators, they saw people posted for free on Twitter and were looking for ways to convince people to make profit without paying. On numerous instances, groups of creators demanded to be compensated on Vine and even Periscope, or they’ll leave and Twitter told them to go fuck themselves.