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A better analogy is Twitter is a sick and dying patient and drastic measures are needed to be taken to save it. Whether or not you agree with those measures, we
by thordenmark 4y ago
A better analogy is Twitter is a sick and dying patient and drastic measures are needed to be taken to save it. Whether or not you agree with those measures, well you don't have $44b on the line. Of all of Elon's businesses, this one is probably the most in his wheelhouse. He's a web guy after all.
- Hamuko 4y ago>A better analogy is Twitter is a sick and dying patient and drastic measures are needed to be taken to save it. Was it that before Musk actually decided to buy it? Because as far as I can tell, the ad dollars started dropping after his announcement.
- throwuwu 4y agoTheir net profit was all over the place for the last 5 years including a big net loss during the pandemic.
- Cyph0n 4y ago> He’s a web guy after all Of course he is.
- citrined 4y agopatient is dying, better chop off an arm and a leg and remove some of the monitors and move the patient to a different building.
- s1artibartfast 4y agoExtreme, but sometimes patients need exactly that
- gdubs 4y agoI mean, those $12B annual debt service payments didn't exist before. Seems clear that Twitter was struggling in many ways, but things seemed to be accelerating post acquisition.
- user_ 4y agoI think it's 1.2B/annum, not 12B.
- deleted 4y ago[deleted]
- wefarrell 4y agoHe’s a web guy in the same way that Rudy Giuliani is an expert in criminal law. It was true in the 90s but definitely not anymore.
- johannes1234321 4y agoHe is not a web guy, but he is a Twitter power user, thus sees problems and limitations in the platform. But then: his usage and experience probably is far from representative for most users.