Mr Kobayashi
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Yes but are you taking into account his willingness to take stupid risks?
He has just paid four times what Twitter is worth, for a company that struggles to post a profit.
Elon Musk buys and ruins Twitter
- Thread starter BlueMoonAcrossThePond
- Start date
Yes but are you taking into account his willingness to take stupid risks?
He has just paid four times what Twitter is worth, for a company that struggles to post a profit.
meltonblue
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Twitter is already an absolutely huge money earner. That’s only true for certain sections of its user base though, not the ownership.
wolviedinho
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Did I not read somewhere that the Saudi’s helped Musk with the takeover?
Musk is not stupid. He must see an alternative use for Twitter. Only time will tell if he has dropped his shorts and took it up the Tesla.
He made money from PayPal but the jump to richest man seemed to happen very quickly. Probably filling out his financials the same way as trump :-)
Musk is not stupid. He must see an alternative use for Twitter. Only time will tell if he has dropped his shorts and took it up the Tesla.
He made money from PayPal but the jump to richest man seemed to happen very quickly. Probably filling out his financials the same way as trump :-)
Bluemanc100
Well-Known Member
Watch the documentary about him.. He was a gnat's cock away from going bust with Space X and Tesla but had the strength of his convictions to stick with the plan
I worked alongside Tesla in Europe from 2013 until around 2020 and the business model he implemented whereby Tesla own every site (zero franchises) literally broke the mould in terms of how OEMs work.. It was an enormous financial commitment but he made it work
Sadly I was too stupid and didn't buy shares at the outset... The biggest mistake I ever made and all because I'd lost £2k on another bad investment so didn't want to take the risk
Mr Kobayashi
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The super app.
The model he is copying "wechat" operates in a territory without strong anti trust legislation though. The CCP prefer big billionaires as a smaller elite is easier to control.
As I touched on earlier, he'll need to strike significant deals to enact that strategy because he doesn't have assets in sectors required to build that kind of business.
Ark's Cathie Wood is betting Elon Musk will turn Twitter into a 'super app'
Twitter may one day look more like WeChat Pay, the digital payments service of Chinese messaging app WeChat, Wood said.
foetus
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super_city_si
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I think it gives you a boner
FogBlueInSanFran
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It strikes me as odd that a man this smart is this dumb.
FogBlueInSanFran
Well-Known Member
1 win and 12,483 losses. What a record.