2 ms·
It's only been 3 months. Their ad income is reportedly in the pits, and $8/mo from users isn't going to cover that loss. Twitter took on loans to cover its ow
by klyrs 4y ago
It's only been 3 months. Their ad income is reportedly in the pits, and $8/mo from users isn't going to cover that loss. Twitter took on loans to cover its own buyout, service of which is around $1B/y. He's being sued for not paying rent, and various issues around layoffs. Musk has been talking about filing bankruptcy to skirt financial obligations. So, count me among those who see Musk's endeavor as fraught. But I wouldn't bet on a timeline. Maybe he'll follow through on his poll, and relinquish the CEO position to an adult, and I might change my mind.
- smoldesu 4y agoFWIW, Twitter had been run by a manchild (Jack Dorsey) for over a decade and didn't collapse under the weight of his stupidity or ego. I also hate Elon Musk, but it's quite possible that profiting from the hate and vitriol on the internet doesn't require many IQ points.