Twitter has been undergoing some tough times lately with some 10% of their employees being laid off and struggling to find a CEO before settling on co-founder Jack Dorsey. I believe that Twitter has some unassailable competitive moats that will allow it to maintain its current standing as the go to source for breaking news:
- Celebrities prefer Twitter to any other platform. (this is subjective)
- Twitter is the best way to get breaking news: when there are mass shootings, natural disasters, etc. people take to Twitter to spread the word.
- It's simple. It's hard to imagine a more barebones Twitter competitor will beat Twitter at their own game (sending short snippets of text to followers).
