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He doesn’t want the old business model, he doesn’t want the old brand, he doesn’t want the old codebase, he doesn’t want the old userbase, he doesn’t want the o
by 3cats-in-a-coat 3y ago
He doesn’t want the old business model, he doesn’t want the old brand, he doesn’t want the old codebase, he doesn’t want the old userbase, he doesn’t want the old offices, he doesn’t want… I mean what does he want? What did he pay 44 billion for? He’s destroying every bit of this company. It’s not that he doesn’t want it. He simply has no clue what he’s doing.
- JohnFen 3y agoHe didn't even want Twitter. He paid the 44 billion[1] because he trolled himself into the deal and couldn't get the courts to let him back out. [1] And he didn't pay that -- most of that is owed by Twitter, not him, and it's why Twitter is in such rough financial shape. Servicing that debt requires more money every year than Twitter ever made. Maybe more than Twitter/X will ever make.
- 3cats-in-a-coat 3y agoIt's one thing to make an unwanted purchase, but quite another to burn to the ground out of spite. And I believe it's not out of spite. It's hubris and incompetence.