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Nov 18 2024 01:42pm
Quote (thesnipa @ Nov 18 2024 08:00pm)
this is a silly way to look at it. Elon has money in many different companies. twitter lost value, but elon didnt lose anything. he still paid the money he paid, and now gets revenue from ads and services. he has a really long term plan to expand the platform just like facebook did. remember when craigslist was a thing? now most transactions in that space take place on facebook marketplace.

and meanwhile his money in Tesla, an actual stock holding company, has exploded. in the time he "lost" 44 bn buying twitter he's gained like 50 bn plus on tesla alone. and his twitter rebuild is still by all accounts still in phase 1. people got the idea he'd fire people and add a few rules and that's it. those same people thought twitter would lose most of it's users, and there still there. ad buyers are flocking back. and plans are underway to open new revenue streams.


As I said it paid off for Elon the person, for twitter the business Elons takeover and his policies were terrible. That might change in the future, who knows - I can only say something about numbers we actually have.

This might be a good prediction for DOGE actually. It will be great for Elon and not so great for everybody else :>

This post was edited by SkySwallower on Nov 18 2024 01:43pm
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Nov 18 2024 01:52pm
twitter is gone it redirects to some dumb ugly site now
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Nov 18 2024 01:58pm
Quote (SkySwallower @ Nov 18 2024 01:42pm)
As I said it paid off for Elon the person, for twitter the business Elons takeover and his policies were terrible. That might change in the future, who knows - I can only say something about numbers we actually have.

This might be a good prediction for DOGE actually. It will be great for Elon and not so great for everybody else :>


id say it was objectively bad for the 3/4 or so of the staff that is now gone, although many were paid generous severance. but even in the short term i dont see it as bad for twitter, the ad buyers who fled came back within like 1 year. and the user base is still massive. it was mostly bad headlines, the business still functions fine. you could even argue community notes and transparency offset any of the actual bad things.
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Nov 18 2024 03:46pm
Quote (thesnipa @ Nov 18 2024 08:58pm)
id say it was objectively bad for the 3/4 or so of the staff that is now gone, although many were paid generous severance. but even in the short term i dont see it as bad for twitter, the ad buyers who fled came back within like 1 year. and the user base is still massive. it was mostly bad headlines, the business still functions fine. you could even argue community notes and transparency offset any of the actual bad things.

Twitter was infested with bots back then generating "opinions". That's one of the reasons Twitter lost lots of value back then by losing ad clients. Much of the initially estimated userbase were bot accounts. Now, with the paid subscription and a solid ever growing userbase + transparency, it's all coming back.
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Nov 18 2024 03:50pm
Quote (thesnipa @ Nov 18 2024 11:58am)
id say it was objectively bad for the 3/4 or so of the staff that is now gone, although many were paid generous severance. but even in the short term i dont see it as bad for twitter, the ad buyers who fled came back within like 1 year. and the user base is still massive. it was mostly bad headlines, the business still functions fine. you could even argue community notes and transparency offset any of the actual bad things.


Twitter was also stale & didn't innovate until Elon acquired it. It had no new features or functionality for years - their massive bloated staff overhead were mandated to focus on censoring their users instead of improving the service. Now, Elon chopped 80% of the staff overhead, and in a very short period of time barring small hiccups during the turnover, X now has great new features such as live spaces, edit function (although poor), optional paid subscription, and community notes.

It begs the question, what the hell were all the staff doing before? The clear answer is that they were doing nothing except finding posts they didn't like to censor.

This post was edited by El1te on Nov 18 2024 03:50pm
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Nov 21 2024 02:03am
I really hope he goes through with removal of "DEI" and transgenderism teaching from schools.
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Nov 24 2024 01:55pm
Quote (Dmitriy @ Nov 21 2024 02:03am)
I really hope he goes through with removal of "DEI" and transgenderism teaching from schools.


You and me both
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Nov 24 2024 03:07pm
Quote (Dmitriy @ Nov 21 2024 12:03am)
I really hope he goes through with removal of "DEI" and transgenderism teaching from schools.


He has to - the country won't stand for anything less. This madness will be destroyed in whole and be pushed back into the fringe dark web and God forsaken basements from which it came
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Nov 24 2024 09:54pm
Quote (Dmitriy @ Nov 21 2024 03:03am)
I really hope he goes through with removal of "DEI" and transgenderism teaching from schools.




Yep, yep.
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Nov 25 2024 11:35am
Yikes. Nine pages of trash.
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