Part 4/9:
The narrative of Twitter as a "bad company" has been pervasive, culminating in the resignation of former CEO Jack Dorsey, who was criticized for his part-time involvement. Many have pointed to a lack of significant innovation or product evolution over the years, with few changes made since it reduced character limits from 140 to 240. The lack of substantial development raises serious concerns about the utility of the financial resources at Twitter's disposal, particularly its $625 million annual R&D budget.