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> has a history of making highly questionable business decisions. I get people don't like Musk, fine. But pretending that he has a history of making bad busine
by hersko 2y ago
> has a history of making highly questionable business decisions.
I get people don't like Musk, fine. But pretending that he has a history of making bad business decisions is ludicrous. He is by far the most successful business man alive (and maybe in history). This is just a fact. You can point out plenty of his faults, but his business acumen is clearly not one of them.
Just as an example: I'm old enough to remember when everyone said Twitter was going to completely break in a week after he fired >50% of the engineers to cut costs. How long ago was that? Also, whether you like the changes or not, there seems to be far more productivity and new features since Musk bought Twitter than the previous years with the old management and far larger headcount.
- zarzavat 2y agoHe’s currently suing his own customers for alleged antitrust violations after they stopped doing business with him because they judged that being associated with his platform was bad PR. Twitter also triggered race riots in the UK and instead of being halfway apologetic about this, he has been spreading conspiracy theories on his personal account. This is likely to lead to a significantly more hostile legal environment in the future. He is also being sued by the EU for changing blue checkmarks from a badge of verification to a paid feature, confusing users. and that’s just this week!
- hersko 2y agoThat's not why he is suing them. It is an anti trust suit where he is alleging illegal conspiracy. The man runs 3 multibillion dollar businesses that are being sued all the time. I don't think any of these will have large or even noticeable impacts on the companies.
- indoordin0saur 2y agoHe's suing an NGO-like agency (Global Alliance for Responsible Media) that includes a lot of advertisers who coordinated to prevent the purchasing of buying ad space on the platform. So not exactly his customers but someone that should have been representing the interests of potential customers. People are getting thrown in prison for years for things like throwing a trash can at a police officer. Like thrown directly in prison: arrest->trial->sentencing->appeal->incarceration is all happening in the span of a few days and the UK is actually attempting to make it illegal to talk about on social media! This is in addition to giving actual rape and murder perpetrators slow-walked trials, house arrest or just non-investigations. The EU lawsuit just seems weird. I'm not sure why they would care so much about that one. The checkmark change was highly publicized and I don't think it mattered to anyone but celebrities and attention-seeking figures anyways. Government officials and other critically important people/organizations still get a verification.