OT: Elon and Twitter
JamesSD
California
Thoughts? Dude spend $44b on a company he seems to be destroying and making himself look like a tool in the process. Somehow he hasn't dragged down Tesla stock as collateral damage... Yet.
There's talk Twitter may be bankrupt by next year. That's an impressive collapse.
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In the end, he could give a shit about 280 characters and $8 a month. He wants to make Twitter the American WeChat (that is, the "everything app.") I'm more interested in what he does there than core Twitter.
He pissed off the left so naturally most press about him will be negative. I think he'll survive whatever may happen.
Except that for a lot of small and mid-size businesses and side gigs (including mine) many of those social media platforms provide much needed revenue from sales, sponsorships, partnerships, etc. Social media provides marketing and customer engagement to a lot of businesses at a cost they can afford.
Also, once you learn how to use use them and filter what you see, they can provide a lot of information that ranges from very interesting to incredibly useful. So, I enjoy it from both a business and entertainment perspective.
I'm neither a fan or foe of Elon. I will say that my business-facing Twitter is performing poorly in the wake of his taking control. I'm also getting exponentially more follows and junk replies from blatant spam accounts. Fortunately, it's a platform that has never figured prominently for me as compared to others.
I still hope that he achieves some degree of stability and effectiveness, for the sake of the users who have more invested in the platform.
I once set up an IG because a dancer deleted her Facebook and started using IG. But I don’t see her anymore
I don’t follow the story, only on the fringes, but what I think is ironic is that several years ago all the woke Hollywood progressives drove Tesla’s (Ed Begley Jr for ex) but now that same work crowd is hating on Musk
eat some cabbage and beans.
https://twitter.com/WallStreetSilv/statu…
I imagine there will be a lot more layoffs announced in the next few months and next couple of years from a variety of companies. The tech sector is taking a major hit right now but other sectors are going to face the same thing soon. The only bright side is it will finally cool off the housing market and general inflation since so many will lose their jobs. Looking like 2008 all over again.
As for Elon Musk, he has done a lot of great things in advancing the auto industry and helping to pioneer private space tourism. He also puts in way more time and effort into continuing to grow his companies than most CEOs would ever consider. However, he is one of the most self absorbed and narcisistic egomaniacs on earth. His personality ranks right up there with Trump and SJG.
I’m still using Facebook as my only social media (other than TUSCL) - they tease with bikini babes but no nudity
I know the young ‘uns laugh at old geezers who still use Facebook but at least I’ve move beyond My Space
I guess I shouldn't call it "porn", since it's mostly advertisements for onlyfans, fansly, etc., but many of them are explicit.
I've found a few local girls advertising their OF by posting nudes or partial nudes.
And China Donnie took a $250 million company from Fred and bankrupted it seven or eight times, and is now totally owned by the banks to the tune of $4 billion (that we know of). God knows how much he owes to Putin, but it's gotta be a lot considering how much he sucks his dick in the media.
You can't expect right-wing shitheads like Musk and Trump to do well in business long term. They let their egos and delusions overtake them eventually, and lose all the common sense that true money wizards like Buffett, Gates, and Bezos possess in spades.
The only porn star I follow on Twitter is Emma Hix, and she is always posting explicit photos from her jizz shoots.
This is payback to all the right wing clowns who think people like Musk and Trump are good at business. Remember all those GM workers at the Lordstown factory who voted for China Don, only to get rewarded with the plant closing permanently in 2019. What about that big Foxconn chip factory in Wisconsin that Beijing Donnie promised his voters would get over 10,000 great jobs? LOL, never even laid a brick.
Q-Anon Donnie = PROMISES MADE, PROMISES BROKEN
Now after he's taken their money, they're butthurt that he turns out never to have been one of them.
And he'll keep taking progressives' cash, not that $8 a month is anything to him, but because it's a show of submission from left celebrities, journalists, and other such freak shows.
It's hilarious!
The only pragmatic use I get from twitter is during a storm, whereby I follow the local authorities and local news twitter accounts for a sense of what's going on in the 2 or 3 locations of important to me.
As for political opinion, well of course I come here for the real worldly opinion!
Tesla will be the next business that Musk drives into the ground. Losing a $50 billion investment like Twitter is a clear sign he's a born loser like Trump!
Plus, loyal Democrats like Bezos and Gates are still making BILLIONS every year off your rightie dollars.
Rich leftwing guys ALWAYS get the last laugh, assholes! :-)
Musk is only the richest man in the world, and you're just another big shit talker on the internet. I'm sure he'll live.
w.r.t. Elon and Twitter – my first-thought it why pay 44-billion if he could start his own platform from scratch (I’d assume it would be much cheaper and he has the branding to make it popular almost instantly).
Perhaps it wasn’t about starting a social-media platform as much as it was taking it away from the hands of leftist-extremists – the left has proven that the only way for their “message to gain transaction” is by shutting-down any contrary-opinions – it has also come-out how social-media platforms, and most of all Twitter, was colluding hand-in-hand w/ the Biden administration to sensor what the Biden administration wanted censored (the government basically doing an end-around the 1st-ammendment).
All Elon has stated is that there would be more-freedom on Twitter w.r.t. what is posted vs it being only-one-sided – yet the lefties lost-it b/c apparently they feel “free speech” is only limited to their personal lefty beliefs – most social media today blocks things that are true if they don’t pass the woke-test; and allow lies if they fit-the-allowed-narrative.
Elon is the worlds richest man of course he’s both full of shit and has an ulterior motive, guarantee it’s for his benefit, he’s not a philanthropist yet maybe that’ll come later in his life, right now it’s all about himself.
The reaction to Musk's takeover shows the power of the left from their control of so many corporations, media, and government organizations. The pulling of advertising and the threats from politicians to investigate him as a security risk. He's also an example of how they will vilify anyone who goes against them just like they did with Trump and will do with whoever is the next Republican presidential candidate.
I enjoy the parody accounts on twitter like:
Youth football coaching legend https://twitter.com/3YearLetterman
Award Winning Forensic Diversity&Inclusion Expert https://twitter.com/marinasmigielsk
Papi, you should check out Twitter for people accounts like Libs Of TikTok, Christopher Rufo, Matt Walsh. They do a good job of exposing some crazy leftist shit going on in government, education, and corporations.
One of the funnier things to happen surrounding Musk's takeover was how a couple of guys calling themselves Ligma and Johnson (Lick My Johnson) fooled media into thinking they were fired Twitter employees.
https://notthebee.com/article/journalist…
How many times do I need to tell you, the 280 character platform isn't what matters. It doesn't take teams of coddled engineers with office nap pods and wine taps to maintain that.
The new game is just starting.
Tetraplop...You're getting a hard on at the thought of people getting fired and getting worse working conditions. Weirdo
Engineers not getting foosball tables and beer taps aren't coal miners protesting for PPE.
lulz
Here’s how things work in the real world. You get paid for doing things that are useful to your business. And, your boss decides what is useful. If you don’t want to do the things that your boss tells you to do, you should go somewhere else. It happens all the time. It’s normal.
What is not normal is deciding your boss has the wrong political beliefs and publicly criticizing him. Then, expecting to keep your job. That is not “ taking a stand”. It’s being an entitled, immature asshole.
If this works, we’re going to see a lot of tech companies getting rid of their foosball tables. And, cutting their workforce in half.
The world is better off without Twitter.
If you have a non-dead-end job and an IQ north of 75, you're beyond Icee's reasoning. Of course he sees things in terms of power dynamics; Marxism is a philosophy of failures and excuses.
LULZ
However, the main difference is that Musk is an owner and he can clean house. It’s what’s left over (of the company) that might not be what he wanted.
Ole Musky bought into the China Donnie propaganda about "I alone can fix it". Dumbo Donnie didn't do anything alone except tank his companies and destroy all faith in American government as we've known it for the past 40 years.
Twitter has been a swirling cesspool for years and nobody can save it. The main problem with social media sites in general is that anyone with enough money can start a competing site that will quickly poach all your customers and there's not a damn thing you can do about it. Remember when MySpace was king of the hill in the late 2000's and they thought they would last forever? A few years later, it was a ghost town because Zuckerberg swooped in with Facebook and nuked them into oblivion.
Read up on network effects and stop embarrassing yourself, Trucidos aka VH kicks aka Yabba Jabba aka small penis
I’ll try to link.
https://twitter.com/TheLaurenChen/status…
“ I conclude that criticism of Elon Musk is bizarrely off base, because Musk has overnight changed Twitter’s net (profit) margin from negative 20% to approximately plus 28%, more than Apple or Google.
I am using annualized percentages based on Twitter’s most recent quarterly filings, for the period ending 6/30/22. These documents are freely available at the SEC’s website.”
That’s what happens when you stay awake for 96 hours, crunching a project. That time working changed Twitter from losing 20% to making 28%. That’s works out to something like $500,000,000 per hour based on saving his $44 Billion investment. That’s worth a bad photo.
Twitter lost $250M in 2021 and $1.2 Billion in 2020. So, moving from loss to profitability with downsizing. The number of Twitter users has increased in recent weeks. After making a big show of leaving, advertisers are coming back. Charging for blue check adds a revenue stream.
But, 25 says this all bullshit, so I guess that settles it. How can you argue with his logic ?
https://youtu.be/nZpebaZ8qxc
Since Twitter is now private, I’d only own shares if I were Elon Musk. I’m not.
I’m surprised you don’t understand that given your claim to understand Twitters finances.
It’s called narcissism. An incredibly insecure person who hides this through arrogance and aggression.