Google has a similar reputation and yet XMPPs half rotten corpse is still floating down the river

At this rate their IPO might go so poorly that there's not much to short

A bit of back story on this: the Mastodon creator named them toots as a bit for celebrity attention, then, later, he renamed them to posts to be taken seriously. Now people on many different platforms call their posts toots, but post and status are equally valid (the status name comes from the api specification)