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So, if Elon turns Twitter into 4Chan, does anyone have any idea how he expects to make money? Big brands will run, and Twitter will be left with ad revenue from

So, if Elon turns Twitter into 4Chan, does anyone have any idea how he expects to make money? Big brands will run, and Twitter will be left with ad revenue from boner pill manufacturers. Or, is making money even the plan? Maybe controlling info is the plan and the purchase price for Twitter is just an expense toward that end?

kelseyfrog 4y ago
That's the beauty of private ownership - the owner can derive use-value in any way they wish. A private owner could fire everyone, close up shop, and still be perfectly inline with the use-value they expected to achieve with their purchase. That's market realism in action. Who are we to say what's good or bad of it. That's what the market is for - to transmute money into value and vice versa.
- rchaud 4y ago
  SpaceX is private and is dependent on government contracts that come with numerous strings attached. Similarly, Musk at Twitter is beholden to the big boys that actually put up the majority financing for this absurd purchase. He cannot just do whatever he wants, only what his consortium will be on board with.
  - kelseyfrog 4y ago
    That's a fair point. I had Musk in mind when I wrote my response, but the same holds true for any private owners including the financiers.
- krainboltgreene 4y ago
  > That's market realism in action. Who are we to say what's good or bad of it. Narrator: We actually have a lot authority in saying what's good or bad via laws we've codified concerning this exact thing.
PM_me_your_math 4y ago
Twitter lost nearly 2 billion dollars in the last 2 years. I suspect the number is much higher than that. So the question is, can Mr. Musk and his new staffers do any worse than Twitter's former leadership and staff? I doubt it.
- jimt1234 4y ago
  Yeah, great point. Twitter and profitability have rarely been in the same sentence. LOL
93po 4y ago
He's said from the start his intention is to make Twitter a universal platform for everyone. Currently it's a cesspool echo chamber of the same bad takes from people who are overly online. It has a lot of room to grow and if he's successful, the valuation will up a ton.

kelseyfrog 4y ago

That's the beauty of private ownership - the owner can derive use-value in any way they wish. A private owner could fire everyone, close up shop, and still be perfectly inline with the use-value they expected to achieve with their purchase. That's market realism in action. Who are we to say what's good or bad of it. That's what the market is for - to transmute money into value and vice versa.

rchaud 4y ago
SpaceX is private and is dependent on government contracts that come with numerous strings attached. Similarly, Musk at Twitter is beholden to the big boys that actually put up the majority financing for this absurd purchase. He cannot just do whatever he wants, only what his consortium will be on board with.
- kelseyfrog 4y ago
  That's a fair point. I had Musk in mind when I wrote my response, but the same holds true for any private owners including the financiers.
krainboltgreene 4y ago
> That's market realism in action. Who are we to say what's good or bad of it. Narrator: We actually have a lot authority in saying what's good or bad via laws we've codified concerning this exact thing.

PM_me_your_math 4y ago

Twitter lost nearly 2 billion dollars in the last 2 years. I suspect the number is much higher than that. So the question is, can Mr. Musk and his new staffers do any worse than Twitter's former leadership and staff? I doubt it.

jimt1234 4y ago
Yeah, great point. Twitter and profitability have rarely been in the same sentence. LOL

93po 4y ago

He's said from the start his intention is to make Twitter a universal platform for everyone. Currently it's a cesspool echo chamber of the same bad takes from people who are overly online. It has a lot of room to grow and if he's successful, the valuation will up a ton.