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Didn't Elon buy a company that was losing ~0.5B/yr and give it an additional 1.5B/yr expense (the interest payments) and decreasing the revenue by over 50%? I'm
by lesuorac 4y ago
Didn't Elon buy a company that was losing ~0.5B/yr and give it an additional 1.5B/yr expense (the interest payments) and decreasing the revenue by over 50%? I'm not too sure that's a great definition of success.
Of course, Elon can stay irrational much longer than I can remain solvent.
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Obviously twitter hasn't fallen over but the only credible prediction (i.e. from somebody with relevant twitter experience) I've seen doesn't expect any major issues until after April [1].
[1]: https://www.technologyreview.com/2022/11/08/1062886/heres-how-a-twitter-engineer-says-it-will-break-in-the-coming-weeks/ https://www.technologyreview.com/2022/11/08/1062886/heres-ho...
- bookofjoe 4y agoQuote of the day: "Of course, Elon can stay irrational much longer than I can remain solvent."