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I think it can be turned around. Scrap all the moderation changes musk has made, apologise to all the advertisers, keep headcount at a sustainable level (more
by postingawayonhn 4y ago
I think it can be turned around.
Scrap all the moderation changes musk has made, apologise to all the advertisers, keep headcount at a sustainable level (more than they have now but less than they had when musk bought it), and look to launch some new products (reviving Vine is the obvious one).
- jacquesm 4y agoI don't think that will work as long as Musk is the majority shareholder.
- acdha 4y agoThey have over a billion dollars in new annual debt servicing, meaning they need to make far more profits than even their best years, and that’s before we see how much the new lawsuits will cost them. Lower headcount could buy some headroom but that’s not going to help launch new products and there’s going to be a hard time staffing. You’d have to be a hardcore Musk fan not to assume that some new random chaos will happen, and as a private company they can’t offer stock to make the deals more appealing.