If I were running Twitter.
orangethirty.blogspot.com
orangethirty.blogspot.com
If you start hiring _______ without a good screening process a large number of them will be _______ who can't find a job anywhere else, often for good reasons.
a. developers
b. managers
c. plumbers
d. mechanics
I didn't say I would keep them all, did I? :)Other than that: yes, that would be an awesome way to run a company. But it seems that the bigger the companies get, the more they shy away from that structure (obvious exception: Valve).
You rlast sentence is true. Bigger companies seem to mostly focus on themselves. Guess its a side-effect of bureucracy, dilber-style management, and MBAs.
Twitter doesn't make money because the idea isn't amenable to making money. It's that simple. There is this weird theory that if you get a bajillion people to use some website, it's worth a lot of money. No, it's really not.
It's like trying to monetize a park. Sure, you can do that, but when you look around you'll realize you have built a carnival. That is the future of Facebook, of Twitter. They are going to turn into carnivals. Not because of bad management, but because they are corporations, and either they will decide to make money, or they will go away.
Monetize a park? Well, you can rent out some designated areas for birthday parties during the day. Then put a big movie projector during the night and sell over priced pop corn. You can do paintball matches during the weekends. Maybe build a small lagoon where people can row some wodden boats while reading poetry. You might even go as far as putting some small vending machines that sell bird food, so the kids can feed the pretty birds. No need to build a carnival when you focus on finding alternate business models. Though to build the lagoon, paintball course, outdoor movie theater, you need engineers... :)