That doesn't really matter, unless you expect the video feature to be unprofitable. With ~300m or whatever active users, it would not be hard to raise money if they need it to launch a major product like that.
I don't get why Twitter didn't try to make a Youtube-like video platform before? I wonder if it's because venture capital has caused brain rot in the executive teams at these tech companies? It seems obvious to launch something like that, and they 100% have (had) the talent and infrastructure to build and support it. Even if it isn't massively successful on day one, it could be successful in the future with a strong marketing effort.
If I didn't know that these companies were run by incompetent idiots, my first suspicion would be some kind of collusion. Trying to do it now that Twitter is a sinking ship is laughable.
And run by a guy notorious for not paying his bills
I know what you mean, it’s a huge problem for onboarding new people. Wefwef is the only one that’s actually accessible to regular users since it’s a web app, but I don’t think most people are familiar with how to “install” those.
I wonder how many redditors gave up on joining lemmy because they couldn’t find a single app?
Captchas are getting tougher
I completely disagree. If anything, Google having difficulties with profitability is an opportunity for a competitor to beat them (although I don't think youtube is unprofitable).
Can something like this under Twitter management (current or previous) succeed? Probably not. But could a team of smart people with access to 300 million users build a video streaming platform that's profitable? Hell yes, and the only major concern would be anti-competitive bs from Google, but the FTC has been paying more attention to that kind of stuff recently.