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Twitter is dead.
by HlessClaudesman 3y ago
Twitter is dead.
- mrweasel 3y agoTwitter was dying even before Musk bought it. There was no way of running Twitter profitable in a market where ad revenue is shrinking and VC founding is drying up. Forcing Musk to actually buy Twitter, at a grossly inflated price, was one of the smartest business moves in the past 10 years. I don't know, I think the rebranding is a bit silly, but I also think Twitter should have gone bankrupt years ago. Musk paid $44 billion dollars of other peoples money for what was a billion dollar company at best. Trying to turn that around probably require someone as reckless as Elon Musk. The dream of the everything app just seems to fare way. The potential early adopters shy away because it's Musk. Unless his own branding (as in "Elon Musk") is enough to get other businesses to jump onboard I don't see how it will ever get off the ground.