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> His two examples are Twitter and Reddit whose ad revenue is dying because those two companies have made huge blunders. Elon seems to almost actively be killin
by andreygrehov 3y ago
> His two examples are Twitter and Reddit whose ad revenue is dying because those two companies have made huge blunders. Elon seems to almost actively be killing Twitter
I disagree. Elon doesn't care about ad revenue. He stated multiple times that the goal is to make Twitter a superapp.
- lacrimacida 3y agoHaha, what is a superapp?
- andreygrehov 3y agohttps://en.wikipedia.org/wiki/Super-app https://en.wikipedia.org/wiki/Super-app
- a1o 3y agoSomething like wechat, like payments, messages, socialmedia, shopping, ...
- bamfly 3y agoAOL but in the 21st century. Possibly minus the ISP part. All the shit you do on the web, but controlled by one company, in their app, so they can rent-seek the hell out of everyone else's business.
- deleted 3y ago[deleted]
- croes 3y agoHe also threatened to "thermonuclear name and shame" advertisers who paused spending. https://www.businessinsider.com/elon-musk-name-shame-advertisers-who-pull-budget-2022-11 https://www.businessinsider.com/elon-musk-name-shame-adverti...
- andreygrehov 3y agoThat was a sarcasm. I should have stated that he doesn't care as much as other companies. Elon, being the richest person on the planet, is uniquely positioned and has a competitive advantage. He can risk losing ad revenue to achieve his goals - minimize censorship and create a super-app.
- nativeit 3y agoIs he still the richest twat in the pot? I would have thought his liabilities would have taken their toll on his net worth. Hair plugs can get pricey.
- andreygrehov 3y agoYes. Elon is still the richest person on the planet. If you thought otherwise, you might want to reconsider your understanding of how wealth is both preserved and accumulated ¯\_(ツ)_/¯
- croes 3y ago> how wealth is both preserved and accumulated By shifting your debts on the company you bought with that debt, so other people take the risks of his failures.
- andreygrehov 3y agoHonestly, it sounds like you are cheering and rooting for him to fail with Twitter.
- croes 3y agoEasy to say if you are not the target, especially from a guy who called others pedo guy
- andreygrehov 3y ago
- itake 3y agoAs someone who works for an asian "superapp", the grass is always greener. Superapps are self-limiting, because the app-size is too large for many user's phones (Uber has famously had this problem too, and thus split up their apps [0]). The UX also tends to be a bit weird. Everyone wants to use the superapp differently and so the interface ends up being the lowest common denominator across all product families. [0] https://apps.apple.com/in/developer/uber-technologies-inc/id368677371 https://apps.apple.com/in/developer/uber-technologies-inc/id...
- andreygrehov 3y agoMaybe, but none of that matters at the moment. These are after-the-fact problems.