4 ms·

I would guess he wants to fire the entire team handling the data so he can more easily cook the books, and pretend like he's making a killing on Twitter - and t

I would guess he wants to fire the entire team handling the data so he can more easily cook the books, and pretend like he's making a killing on Twitter - and try to flip it to some even more egotistical Billionaire.

Kye 4y ago
Is there another person who can rally investors for a $44B purchase and who wouldn't bother with due diligence?
- onlyrealcuzzo 4y ago
  It will take a miracle for Elon to not lose at least $15Bn on this. I'd look at it more that he's trying to limit losses than make a profit.
  - PM_me_your_math 4y ago
    It is only money.
  - 93po 4y ago
    Where did you get the $15 billion figure from?
PM_me_your_math 4y ago
This comment strikes me being rooted in a limited and almost comical understanding of business finance, especially at this scale. This isn't Hollywood. Since neither of us are privy to twitter's books (and Musk is, btw) it is equally (and more likely) that he's dumping positions that are double and triple redundant - a common occurrence in bloated bureaucratic teams of large companies that are poorly run and/or structured. I fully expect Musk to lay off most of Twitter's existing team and cycle through most staff in the next six months. He still has to weed out bad actors and saboteurs, as well. I also find it irresponsible for you to assume his motivations and intentions when you've been given none that reflect your supposition.
- babelfish 4y ago
  Thinking you can cycle "most of Twitter's existing team" with new employees in just 6 months without any impact to service availability or velocity also shows a "limited and almost comical understanding of" the importance of organizational knowledge, operations management, and recruiting.
- onlyrealcuzzo 4y ago
  I actually work in finance reporting, as a data engineer, at FAANG. Interesting that you think the entire data team is double & triple redundant. It's almost as if you're the one lacking knowledge. Speaking as someone who previously worked at a company blatantly committing fraud, the CEO hand-picking the entire data team was instrumental to said fraud. Maybe that's just my past causing the suspicion. If he laid off 75% of the data team, I'd be less skeptical. Maybe he thinks they're double and triple redundant, as you say. 100% is extremely suspect, though. As someone who runs Tesla, which has a large data eng team, he knows the entire team isn't useless.
  - 18pfsmt 4y ago
    Your entire first comment was an assumption of bad faith on the part of Musk. Given that Twitter is now a private entity, there's no motivation to act fraudulently. I think Musk's track record merits at least a few quarters of actions before everyone jumps to conclusions?
93po 4y ago
Does Elon have a history of cooking books? Or flipping companies?

Kye 4y ago

Is there another person who can rally investors for a $44B purchase and who wouldn't bother with due diligence?

onlyrealcuzzo 4y ago
It will take a miracle for Elon to not lose at least $15Bn on this. I'd look at it more that he's trying to limit losses than make a profit.
- PM_me_your_math 4y ago
  It is only money.
- 93po 4y ago
  Where did you get the $15 billion figure from?

PM_me_your_math 4y ago

This comment strikes me being rooted in a limited and almost comical understanding of business finance, especially at this scale. This isn't Hollywood. Since neither of us are privy to twitter's books (and Musk is, btw) it is equally (and more likely) that he's dumping positions that are double and triple redundant - a common occurrence in bloated bureaucratic teams of large companies that are poorly run and/or structured. I fully expect Musk to lay off most of Twitter's existing team and cycle through most staff in the next six months. He still has to weed out bad actors and saboteurs, as well. I also find it irresponsible for you to assume his motivations and intentions when you've been given none that reflect your supposition.

babelfish 4y ago
Thinking you can cycle "most of Twitter's existing team" with new employees in just 6 months without any impact to service availability or velocity also shows a "limited and almost comical understanding of" the importance of organizational knowledge, operations management, and recruiting.
onlyrealcuzzo 4y ago
I actually work in finance reporting, as a data engineer, at FAANG. Interesting that you think the entire data team is double & triple redundant. It's almost as if you're the one lacking knowledge. Speaking as someone who previously worked at a company blatantly committing fraud, the CEO hand-picking the entire data team was instrumental to said fraud. Maybe that's just my past causing the suspicion. If he laid off 75% of the data team, I'd be less skeptical. Maybe he thinks they're double and triple redundant, as you say. 100% is extremely suspect, though. As someone who runs Tesla, which has a large data eng team, he knows the entire team isn't useless.
- 18pfsmt 4y ago
  Your entire first comment was an assumption of bad faith on the part of Musk. Given that Twitter is now a private entity, there's no motivation to act fraudulently. I think Musk's track record merits at least a few quarters of actions before everyone jumps to conclusions?

93po 4y ago

Does Elon have a history of cooking books? Or flipping companies?