Liz Hagelthorn pfp
Liz Hagelthorn
@liz
I dug into Twitter’s website traffic over the past 90 days. The data highlights an even larger downtrend of activity across social media platforms. See for yourself... I'll follow-up with an analysis in part 2... https://lizh.substack.com/p/social-media-is-in-a-bear-market
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Venkatesh Rao ☀️ pfp
Venkatesh Rao ☀️
@vgr
The “last 28 days” bar substituted for a full December is probably not a good approximation but not too bad (you’re essentially reusing the last week of Nov as a proxy for last week of December). There’s seasonality here to be factored out too. The right way to do this comparison is YoY for each month.
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Venkatesh Rao ☀️ pfp
Venkatesh Rao ☀️
@vgr
Basically I think you may have mistaken a seasonal effect plus noise for a secular bear market signal
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Varun Srinivasan pfp
Varun Srinivasan
@v
we've seen a similar seasonal drop for the last 2 years at Farcaster - november and december tends to be slow, and there's usually a mini boom in january
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