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> That sentence alone means you weren't even discussing this in good faith. Is that what good faith means now? Being religiously part of Camp A or B? The bala

> That sentence alone means you weren't even discussing this in good faith. Is that what good faith means now? Being religiously part of Camp A or B? The balance sheet speaks for itself. Incidentally Parler or his potential Twitter clone will also end up a toxic internet community. Who cares? I personally wouldn't use either one. Certainly with Twitter already doing a great job losing money and alienating most people (almost nobody actually tweets and usage is falling) an alternative would split the user base and accelerate their demise and the inane concept of web micro-forums being worth tens of billions of dollars. Companies will simply decide advertising on Parler/Twitter is not worth the hassle.

Cookingboy 5y ago
>Is that what good faith means now? Being religiously part of Camp A or B? No. But you immediately made this into a Camp A vs. Camp B problem when in reality there could be a million different reasons for the Twitter board to not want to get acquired means you weren't trying to discuss this specific situation, you were looking to turn this into a debate on "wokeness". That's why I said you weren't discussing in good faith. >The balance sheet speaks for itself. Does it? Elon has seen the same balance sheet and he thinks the true value of the company is higher than what it is now as well. So obviously he thinks Twitter has the potential to achieve much higher value through implementing XYZ. The board agrees too but just disagree on what that XYZ is.
- recuter 5y ago
  > Elon has seen the same balance sheet and he thinks the true value of the company is higher than what it is now as well. Up to you to take him at his word however he has stated otherwise. "It's important to the function of democracy, it's important to the function of the united states as a free country and on many other countries and actually to help freedom in the world more broadly than the US. You know I think this there's the risk, civilizational risk, uh is decreased if twitter, the more we can increase the trust of twitter as a public platform and so I do think this will be somewhat painful and I'm not sure that I will actually be able to to acquire it. I mean I could technically afford it um what I'm saying is this is not a way to sort of make money you know.. It's just that I think, my strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization" - https://www.youtube.com/watch?v=yDfqwTBHah8 https://www.youtube.com/watch?v=yDfqwTBHah8
  - Cookingboy 5y ago
    Wait, you seriously think Elon is buying Twitter out of his good heart to "protect" the healthy functioning of democracy? Jesus I know it's Friday but some of you guys start drinking early man.
    - recuter 5y ago
      His net worth is over a quarter trillion dollars. Flipping twitter for profit is very far from a sure thing and seems like a waste of his time. Why out of everything that he could invest in would he bother with twitter specifically? Whatever his intentions are it seems plausible that this isn't about money. I get that you don't like him but this attitude of "I am right, you are wrong, and if you disagree you are drunk" is.. not a good look.
      - Cookingboy 5y ago
        >Whatever his intentions are it seems plausible that this isn't about money. It's very plausible that this isn't about money, and I never said it's about money. However it's far more plausible that this is about a narcissist buying media and social influence and he wants to be able to shape public discourse that paints him in a positive light. He really cares what people thinks of him. All of that would seem far more likely (and suits his past track record) than him doing this to "save democracy".
        recuter 5y ago
        > I never said it's about money. > Elon has seen the same balance sheet and he thinks the true value of the company is higher than what it is now as well. Also I'm pretty sure a narcissist is exactly the sort of person to genuinely think he is saving democracy by buying a website. Do you know him personally? Are you a trained psychiatrist? Narcissistic personality disorder can be a serious affliction, tell him I hope he gets the help he needs and that I wish him the best. I personally just want to know what will happen to the stock.
      - spion 5y ago
- freedomben 5y ago
  > Elon has seen the same balance sheet and he thinks the true value of the company is higher than what it is now as well. So obviously he thinks Twitter has the potential to achieve much higher value through implementing XYZ. The board agrees too but just disagree on what that XYZ is. Yes, but one version of XYZ (the board's) has been tried while the other (Elon's) has not. Elon's plan might lead to even worse results than the board's, but he doesn't think it would, hence his optimism if they adopt his plan.
medler 5y ago
The topic of discussion is corporate governance and finance, and you immediately pivoted to some irrelevant culture war BS.
- rufus_foreman 5y ago
  The topic of discussion is Elon Musk trying to purchase Twitter, which is very much at the intersection of finance and culture war.
  - MrMan 5y ago
    "culture war" is the ultimate propaganda tool to be used on people who think they are smart
- deleted 5y ago
  [deleted]
threeseed 5y ago
> The balance sheet speaks for itself a) Revenue increased 37% y/y. b) User count growing at 2% y/y. c) Profit of $273m in 2021 when you exclude once-off litigation expense. https://www.prnewswire.com/news-releases/twitter-announces-fourth-quarter-and-fiscal-year-2021-results-301479494.html https://www.prnewswire.com/news-releases/twitter-announces-f...
- woadwarrior01 5y ago
  > c) Profit of $273m in 2021 when you exclude once-off litigation expense. The once-off litigation expense might soon be recuring in 2022, after this move. The former was a shareholder class action lawsuit, and the latter will most likely be the same.
  - threeseed 5y ago
    Twitter is predicting a drop in GAAP loss in 2022 to between $225-$175m. So even if the lawsuit is recurring (neither of us know) they are still managing to reign in their losses. By any definition the company is heading in the right direction.

Cookingboy 5y ago

>Is that what good faith means now? Being religiously part of Camp A or B? No. But you immediately made this into a Camp A vs. Camp B problem when in reality there could be a million different reasons for the Twitter board to not want to get acquired means you weren't trying to discuss this specific situation, you were looking to turn this into a debate on "wokeness". That's why I said you weren't discussing in good faith. >The balance sheet speaks for itself. Does it? Elon has seen the same balance sheet and he thinks the true value of the company is higher than what it is now as well. So obviously he thinks Twitter has the potential to achieve much higher value through implementing XYZ. The board agrees too but just disagree on what that XYZ is.

recuter 5y ago
> Elon has seen the same balance sheet and he thinks the true value of the company is higher than what it is now as well. Up to you to take him at his word however he has stated otherwise. "It's important to the function of democracy, it's important to the function of the united states as a free country and on many other countries and actually to help freedom in the world more broadly than the US. You know I think this there's the risk, civilizational risk, uh is decreased if twitter, the more we can increase the trust of twitter as a public platform and so I do think this will be somewhat painful and I'm not sure that I will actually be able to to acquire it. I mean I could technically afford it um what I'm saying is this is not a way to sort of make money you know.. It's just that I think, my strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization" - https://www.youtube.com/watch?v=yDfqwTBHah8 https://www.youtube.com/watch?v=yDfqwTBHah8
- Cookingboy 5y ago
  Wait, you seriously think Elon is buying Twitter out of his good heart to "protect" the healthy functioning of democracy? Jesus I know it's Friday but some of you guys start drinking early man.
  - recuter 5y ago
    His net worth is over a quarter trillion dollars. Flipping twitter for profit is very far from a sure thing and seems like a waste of his time. Why out of everything that he could invest in would he bother with twitter specifically? Whatever his intentions are it seems plausible that this isn't about money. I get that you don't like him but this attitude of "I am right, you are wrong, and if you disagree you are drunk" is.. not a good look.
    - Cookingboy 5y ago
      >Whatever his intentions are it seems plausible that this isn't about money. It's very plausible that this isn't about money, and I never said it's about money. However it's far more plausible that this is about a narcissist buying media and social influence and he wants to be able to shape public discourse that paints him in a positive light. He really cares what people thinks of him. All of that would seem far more likely (and suits his past track record) than him doing this to "save democracy".
      - recuter 5y ago
        > I never said it's about money. > Elon has seen the same balance sheet and he thinks the true value of the company is higher than what it is now as well. Also I'm pretty sure a narcissist is exactly the sort of person to genuinely think he is saving democracy by buying a website. Do you know him personally? Are you a trained psychiatrist? Narcissistic personality disorder can be a serious affliction, tell him I hope he gets the help he needs and that I wish him the best. I personally just want to know what will happen to the stock.
    - spion 5y ago
freedomben 5y ago
> Elon has seen the same balance sheet and he thinks the true value of the company is higher than what it is now as well. So obviously he thinks Twitter has the potential to achieve much higher value through implementing XYZ. The board agrees too but just disagree on what that XYZ is. Yes, but one version of XYZ (the board's) has been tried while the other (Elon's) has not. Elon's plan might lead to even worse results than the board's, but he doesn't think it would, hence his optimism if they adopt his plan.

medler 5y ago

The topic of discussion is corporate governance and finance, and you immediately pivoted to some irrelevant culture war BS.

rufus_foreman 5y ago
The topic of discussion is Elon Musk trying to purchase Twitter, which is very much at the intersection of finance and culture war.
- MrMan 5y ago
  "culture war" is the ultimate propaganda tool to be used on people who think they are smart
deleted 5y ago
[deleted]

threeseed 5y ago

> The balance sheet speaks for itself a) Revenue increased 37% y/y. b) User count growing at 2% y/y. c) Profit of $273m in 2021 when you exclude once-off litigation expense. https://www.prnewswire.com/news-releases/twitter-announces-fourth-quarter-and-fiscal-year-2021-results-301479494.html https://www.prnewswire.com/news-releases/twitter-announces-f...

woadwarrior01 5y ago
> c) Profit of $273m in 2021 when you exclude once-off litigation expense. The once-off litigation expense might soon be recuring in 2022, after this move. The former was a shareholder class action lawsuit, and the latter will most likely be the same.
- threeseed 5y ago
  Twitter is predicting a drop in GAAP loss in 2022 to between $225-$175m. So even if the lawsuit is recurring (neither of us know) they are still managing to reign in their losses. By any definition the company is heading in the right direction.