Ben Gilbert: prediction

Transcript context

…All right. Speaking of Twitter, followups. Twitter… lots going on on Twitter these days. But they’re shutting down Vine, potentially selling Vine. Yeah, no surprise there. I mean, it’s shocking to me that they haven’t – and I think these will come – but they had like 9% layoffs. It seems like there’s a lot more of that to come. They got to streamline their products. It’s kind of shocking to me that they didn’t do Periscope too in one fell swoop. I think the reason that’s probably living on is because Facebook Live is proving so the future of Facebook that Twitter is really afraid to exit that race when Facebook is making such a big bet on it. Total aside by the way, related to Facebook. It gets a lot of press but not in this context. Facebook is kind of trying to do this again, everything we’re just talking about, and that’s reinventing itself around video.…

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