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He would have been better off starting a new company as opposed to spending $44 billion to purchase Twitter just to change it into something else.
by clouddrover 4y ago
He would have been better off starting a new company as opposed to spending $44 billion to purchase Twitter just to change it into something else.
- stathibus 4y agoHuh? He bought the user base. That's the entire value, the tech stack is a commodity.
- Zigurd 4y agoyou are correct in that Elon has made it the whole value. Before he got hold of Twitter, based on the decline in value as measured by the writing-down of loan value by creditors, 3/4 of the value was in advertising by large brands. That, in turn, reflects the value of a user base that likes having Catturd2 show up in their feed.