Elon Musk buys and ruins Twitter

You know what?

Donald Trump who has never had a single successful business venture in his entire life would probably be a better CEO/owner of Twitter than Musk.
 
It's a toxic platform, irrespective of who owns it.

Depends who perceives it toxic now, just because Musk is the owner.

We have seen similar with that crypto guy, losing £35bn in a week.

Crypto and Twitter don't have any real, tangible worth, it's what somebody else is telling you it has.

This isn’t really true at all.

For starters, Twitter is one of the biggest communications tools on the planet, to say it has no intrinsic value is beyond silly.

The US government is currently scrambling to find new ways of making public announcements, because there is nothing better for releasing official news than twitter. We know it had an integral role in the Arab Spring. It’s playing a massive role in getting info out of Iran now, we are all able to follow Ukrainian journalists in the war and read their tweets translated in app to keep us appraised of things that no war correspondent could show.

One of the few things Musk is right about is that it democratised news. These things are valuable literally in terms of money, but also culturally.

It also brings people and communities together, in the same way this forum does, and I think we can all agree Bluemoon does have some value because of that.

Secondly it literally had value as an advertising platform and was making profits off that. 250m daily users is one of the biggest advertising platforms in history and like radio, tv, the adverts down the side of this page, that has value, it’s why the company was worth over $11Bn and growing and employed 7,000+ people.

These benefits far outweigh any perceived toxicity, and if it does actually go belly up, the world will be worse off for the brief moment in time before someone fills the void with a copy of it.
 
You know what?

Donald Trump who has never had a single successful business venture in his entire life would probably be a better CEO/owner of Twitter than Musk.
I dunno. He has successfully scammed millions of people into giving him money they don't have for absolutely nothing in return and they don't even realise or accept they've been scammed. Not sure it counts as a business venture but if it does he's been incredibly successful. And he's just launched the latest stage of the grift.
 
I dunno. He has successfully scammed millions of people into giving him money they don't have for absolutely nothing in return and they don't even realise or accept they've been scammed. Not sure it counts as a business venture but if it does he's been incredibly successful. And he's just launched the latest stage of the grift.
Musk has managed to:
1) Lose a substantial portion (most?) of the income Twitter makes in the form of advertisers;
2) Fire and/or have resign nearly everyone of worth who used to work for Twitter including numerous top management personnel;
3) Rouse the suspicion that Twitter is no longer working under the consent degree it agreed to with US regulators;
4) Invoke the ire of influential congressmen who may have enormous impact on the company;
5) Create a uniquely hostile working environment such that no talented software engineer would consider working for the company;
6) Alienate numerous influential users who are now leaving the platform because of this mess.

Hell, Musk has even managed to lock all Twitter employees out of their main office!

All this within a span of a week or so.

The Donald's business anti-acumen pales in comparison to Musk's.
 
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So; are rumours of its imminent implosion greatly exaggerated, or what? Stories of staff jumping ship in droves?
Who knows? I can tell you with certainty though - it's not a shit storm at Twitter. It's a goddamn shit category 5 hurricane.
 

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