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Have any of the X changes been positive for the investment, though? They all seem to have diminished audience, lessened influence, and resulted in less ad reve
by epistasis 2y ago
Have any of the X changes been positive for the investment, though?
They all seem to have diminished audience, lessened influence, and resulted in less ad revenue. It's very clear that X has a far smaller burn rate than Twitter did, but it also seems to have lessened revenue, and it's really unclear that there's any profit at all.
- EA-3167 2y agoPerhaps Elon Musk and the people who helped pony up the cash to buy Twitter were more concerned with something other than profit.
- soganess 2y agoIt's not a publicly traded company and hence Musk + his backers can do whatever they want. It's their toy and I'm not in the business of policing anything (within the law) they do with it. It would be irksome if Musk went on lawsuit spree + PR campaign incessantly complaining that advertisers are 'killing free speech' by not advertising on the platform. Like some weird civic duty that publicly traded businesses with a fiduciary directive ought to have. But, let's be real, folks operating on Musk's level are too clever/business-savvy for anything that amateurish.