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> Twitter is obviously hurting for cash. Because it has to pay $15B of its own takeover price and Elon scared away advertisers. I hope somebody paid Elon hand
by bhaak 3y ago
> Twitter is obviously hurting for cash.
Because it has to pay $15B of its own takeover price and Elon scared away advertisers.
I hope somebody paid Elon handsomely for driving Twitter into the ground. Otherwise he doesn’t look very much like a good businessman.
- PM_me_your_math 3y ago[flagged]
- cornercasechase 3y ago“Altruistic purposes”, what would those be? I’ve only seen him censor his opponents, spew bog standard far-right talking points and make poor product decisions. How is that “altruistic”?
- antisthenes 3y agoThere's part of me that considers driving the hate machine that is Twitter into the ground and general irrelevance an altruistic purpose. The world would be better off without Twitter, until they can figure out how to separate the hate machine from its useful purposes in a sustainable way.
- xracy 3y agoWhile I appreciate this take as a funny consideration... I feel like it fails the altruism test by not being intentional.
- rsynnott 3y agoFinally destroying the hellsite, for the benefit of all. (As someone who (a) used to enjoy Twitter a lot, (b) always suspected that Twitter was quite bad for society, I have mixed feeling about its current implosion.) (To be clear, he obviously is not destroying Twitter for altruistic purposes; the above is a joke. It should not be necessary to point this out, but one odd attribute of figures like Trump and Musk is that there are always people who insist that everything they do, no matter how obviously ridiculous, is actually intentional and ingenious, so Poe’s Law is in full effect here.)
- deleted 3y ago[deleted]
- thefz 3y ago> He's the most successful entrepreneur in the world, > doesn't care if he loses money, These two sentences contradict each other.
- runarberg 3y agoNot really, only if we assume the market is rational. I think the fact that Elon Musk it the most successful entrepreneur in the world is a testament to the contrary. And that being a successful businessperson has nothing to do with merit or skill, but a lot more to do with happenstance, and former wealth. Our public policy on the global market has been neo-liberalism on full steam, the rich are getting richer, not because business people are getting smarter, but because government is deregulating exploitation as a matter of public policy. Somebody is bound to become extremely rich in this environment, and it just so happens that the people getting extremely rich are either the ones that exploit workers (i.e. Jeff Bezos) or the ones that fool rich investors (i.e. Elon Musk).
- jsnell 3y agoHe very clearly cares deeply about Twitter losing money. He was desperate to cut costs and increase revenue right from the start. He frequently whines about the cost of running Twitter. He has been stiffing a ton of Twitter's suppliers and not paying the bills. And there's a good reason for this. He is using a his own Tesla shares as collateral for some of the debt.
- bhaak 3y agoSucking up to autocratic rulers while claiming to be a free speech advocate is very altruistic (/s). Saying Twitter was already in the ground and then praising the guy that dug the hole a lot deeper, is also suggesting that your assessment of him is not based on his business acumen. Maybe you're hoping he's pumping your crypto bags? That's one of the things I consider him to be very good at.