Jiop
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Chris Sacca Thinks Twitter is Way Too White, and It's Costing Him Money
Quote:The outspoken investor says black Twitter is “where the excitement is”—yet the whole board is white.
Twitter’s best frenemy is at it again. Thursday at the Collision Conference, Chris Sacca, one of the social media platform’s largest early investors, let loose a bit of a tirade about the company’s unfulfilled potential. It was, to put it mildly, less nuanced than his now-notorious 2015 deconstruction, and included comparisons of the company to a drug-addicted teenager.
But Sacca’s most cutting comments may have been those addressing the company’s problem with diversity. Twitter, Sacca pointed out, has a disproportionately high number of black users, and they generate some of the platform’s most important moments.
“Twitter is ‘Black Twitter,’” he said. “That’s where the hashtags happen . . . where the excitement is.”
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And yet Twitter has no black board members who could help the company better serve (and, yes, profit from) those users. As of 2014, only about 3% of Twitter’s employees were black or Latino, and a former black engineer recently went public describing the persistent roadblocks to diverse hiring in the company. Last year, in a move that can only be accurately characterized using words not printable in this publication, the company hired a white man as their new head of diversity.
Sacca wasn’t preoccupied with income inequality or racial justice—his point was that this is yet another way Twitter TWTR -0.14% is leaving money on the table.
“There is a greed case for diversity…diverse perspectives bring us into markets we didn’t know existed.” Of course, as Sacca acknowledged, lack of diversity is a problem that goes well beyond Twitter TWTR -0.14% , or even Silicon Valley.
For more on Twitter, watch our video:
Of course, Sacca being Sacca, his freewheeling comments returned to a much broader issue—Twitter’s continued inability to capitalize on its wealth of buzz, conversation, and data.
“Twitter is just a series of missed opportunities,” he said. “Twitter has all of the world’s best information…and it has it faster than anyone else on the planet. And they do the worst job of getting you that.”
This, in case you’ve forgotten, is a company in large part responsible for making Sacca a billionaire.
http://fortune.com/2016/04/30/chris-sacca-twitter-race/
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| 05-01-2016 06:40 AM |
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Thersites
Wingman
  
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RE: Chris Sacca Thinks Twitter is Way Too White, and It's Costing Him Money
[quote='Jiop' pid='1290314' dateline='1462102840']
[quote]“There is a greed case for diversity…diverse perspectives bring us into markets we didn’t know existed.” Of course, as Sacca acknowledged, lack of diversity is a problem that goes well beyond Twitter TWTR -0.14% , or even Silicon Valley.
[/quote]
With the twisting of words, Sacca points out the problem with twitter and other companies regardless if the company is under SJW convergence: lack of diverse perspectives and opinions. Aaron Clarey talk about this on his blog in regards to companies marketing: Why Corporations are Seemingly Leftist
[quote]This laziness and ineptitude, combined with the brainwashing they received is now infecting corporate American in full force. And it shows in the often confusing leftist policies FOR-PROFIT corporations endorse and enact. They enact these policies NOT because it's going to help the corporation. They enact those policies because it's the only marketing strategy they can think of. They enact these policies because it (in their minds) improves their reputation with the American people. They pursue these policies because, in short, they think leftism sells. And we see this every day. [/quote]
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| 05-01-2016 12:22 PM |
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AnonymousBosch
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RE: Chris Sacca Thinks Twitter is Way Too White, and It's Costing Him Money
(05-01-2016 03:22 PM)Foolsgo1d Wrote: Is this guy race baiting by saying black folk are funnier than whites, in America? And should be used to create more money from advertisers?
No, he's simply an Entryist trying to take control of Twitter for his favoured group, spouting what I think as 'Neo-Marxist' dogma, (Race-based rather than Class-based), to do so.
He's saying what he's saying to cover up his absence of concrete ideas of how to successfully-monetise Twitter, instead preaching the Neo-Marxist Mantra that 'Marxist-Demanded Diversity naturally generates Capitalist Profit'.
Of course, Traditional Marxists have always called for Diversity to generate conflict, which they can then present themselves as being the only one with the intelligence to resolve said conflict, offering a course of action you'd decided on before the conflict, thus gaining personal political power: this is being what is known as an 'Agent Of Change'. Everyone who has passed through University since 2009 has had some attempt to mould them into being one - it's what Obama wanted.
The result is Doublethink, the ability to hold two seemingly-contradictory beliefs simultaneously:
1) Diversity Leads Us All Closer To A Peaceful Socialist Utopia
2) Diversity Creates Conflict That Strengthens Socialist Political Power
This is why Marxists read as insane to healthy minds, and when you get a clear sign that a Capitalist Institution has been subverted in this manner, you should remove your investment. Judging by Twitter's Stock Price, the Capitalists have got the memo.
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| 05-01-2016 03:46 PM |
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The following 4 users Like AnonymousBosch's post:4 users Like AnonymousBosch's post
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AnonymousBosch
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RE: Chris Sacca Thinks Twitter is Way Too White, and It's Costing Him Money
(05-01-2016 04:02 PM)Foolsgo1d Wrote: This line stood out for me. Isn't it what Dave Chappelle had a problem with? The white suits wanted black people to be the joke?
Quote:“Twitter is ‘Black Twitter,’” he said. “That’s where the hashtags happen . . . where the excitement is.”
I see your point, but, I really doubt there's even that much thought behind his statement.
He really has nothing else, and he knows it, so he's defaulting to Diversity Dogma because if his advice is followed and Twitter still fails, he can't be personally-criticised for the decision, due to the fear being labelled a Racist.
This is Arse-covering, not Leadership.
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| 05-01-2016 05:47 PM |
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The following 2 users Like AnonymousBosch's post:2 users Like AnonymousBosch's post
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