Trend of more from less? Twitter and Snapchat both report decline in monthly users but an increase in revenue. LinkedIn finds a way for more people to see content from the non-1%.
Summary: Twitter reported an increase of 29% in revenue year-over-year, including the same increase in advertising revenue as well. They’ve done a better job of removing spam-like accounts at sign up and are introducing efforts to make it easier to follow events, topics, and interests. However, monthly active users have dropped.
Opinion: Although a bit of a ways off, Twitter could go the way of the telephone with this trend—a few people will hang on to it that you can charge more, but the overall numbers are down.
Summary: Snap was in a similar situation to Twitter, up $14.34M above earning expectations, but down nearly 1 million monthly active users. The stock took a beating on this news
Opinion: So what’s the difference between Twitter and Snap? My theory is that Twitter has been (arguably) improving on a situation whereas Snap is facing decline in users without much on the horizon indicating there will be a turnaround.
Summary: LinkedIn recently made changes to its algorithm allowing more posts to be seen by the non-1% . Prior to the change, most posts that were seen were produced from the top 1% of content creators, discouraging others from posting because posts wouldn’t be seen. With the new changes, 8% of the feedback is being redistributed from the top .01% creators.
Opinion: Now maybe people will start seeing my LinkedIn posts to this blog!