RIP Twitter

#4,851
#4,851
n_huffhines said:
He owns 25% of their stock and that stock fell by 50% since he started jumping all in on politics in February. $44B to Twitter, and I'd believe anything about their finances right now (except that they're killing it, tho accounting profit is perfectly plausible). Seems like there is no chance any of this has been an economic profit and it's hard to imagine it will be.
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It'll rebound. But then again, I thought his ultimate goal was to take it private, reform it and then go back public.
 
#4,852
#4,852
Franklin Pierce said:
Michelle Obama Demanded Trump's Removal From Twitter As Musk Reveals Policies Were Ignored to Ban Him

In the latest installment of Elon Musk’s “Twitter Files,” it was revealed that a day before former President Trump getting banned from the social media platform, former Vice President Michelle Obama and several other prominent Democrats demanded his permanent removal.


In a statement posted to Twitter on Jan. 7, Obama wrote, “now is the time for Silicon Valley companies to stop enabling this monstrous behavior—and go even further than they have already by permanently banning this man from their platforms and putting in place policies to prevent their technologies from being used by the nation’s leaders to fuel insurrection… and if we have any hope of improving this nation, now is the time for swift and serious consequences for the failure of leadership that led to yesterday’s shame.”

Michelle Obama Demanded Trump's Removal From Twitter As Musk Reveals Policies Were Ignored to Ban Him
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That was a ballsy move by Michelle.
 
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#4,854
#4,854
Grand Vol said:
It'll rebound. But then again, I thought his ultimate goal was to take it private, reform it and then go back public.
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I would bet $ that it's going to rebound, but with economic profit, you calculate it based on the opportunity cost you forego. So it's not

Twitter revenue - Twitter cost - debt servicing cost = accounting profit/loss

It's

Twitter revenue - Twitter cost - debt servicing cost - the profit you would have made with ventures you could have done instead = economic profit/loss

If he had just taken all his own $ that he invested in this and put it in an index fund, it would double in less than 10 years, he wouldn't have serviced any debt, and he could be spending his time and energy on better money-making schemes. So the bar is pretty high. I realize he didn't do this because he thought it was the most profitable venture, but I also am pretty certain he would not do this all over again.
 
#4,856
#4,856
n_huffhines said:
He owns 25% of their stock and that stock fell by 50% since he started jumping all in on politics in February. $44B to Twitter, and I'd believe anything about their finances right now (except that they're killing it, tho accounting profit is perfectly plausible). Seems like there is no chance any of this has been an economic profit and it's hard to imagine it will be.
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Smells like a buying opportunity.
 
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#4,857
#4,857
McDad said:
Smells like a buying opportunity.
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Maybe. I think Tesla's stock price was inflated for cosmetic reasons. The market has fallen 33% this year, and Tesla has fallen 57%. The market will bounce back, and so will Tesla, but will it return to its "cool" stock days? Maybe how popular he is among the right is enough for the stock to do just that, IDK.
 
#4,865
#4,865
IluvdoubleD's said:
The twits is bombing. The only way he is making money is by handing it over to the robots. It's obvious. Yesterday mornings trends are the same as the day before, and the day before that, and the day before that. When you search for something you get bombed by false, misleading, self advertisement and/or russian, or nkorean, or Iranian sympathizers.

It's also tracking your every move and using it to stear you to what musk wants. It's bombing, and it's pretty damn evil and dangerous rhetoric. It's the same people echoing AI, manipulated by russian influencers.

Why does putin still have a twits?
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You actually believe the crap you post? Lol, just dumb
 
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#4,866
#4,866
n_huffhines said:
I would bet $ that it's going to rebound, but with economic profit, you calculate it based on the opportunity cost you forego. So it's not

Twitter revenue - Twitter cost - debt servicing cost = accounting profit/loss

It's

Twitter revenue - Twitter cost - debt servicing cost - the profit you would have made with ventures you could have done instead = economic profit/loss

If he had just taken all his own $ that he invested in this and put it in an index fund, it would double in less than 10 years, he wouldn't have serviced any debt, and he could be spending his time and energy on better money-making schemes. So the bar is pretty high. I realize he didn't do this because he thought it was the most profitable venture, but I also am pretty certain he would not do this all over again.
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It seems to me that twitters spending was governmentesque.. wasted a lot of money. Musk will make it way more efficient. I wouldn't be surprised if he moved it to texas
 
#4,867
#4,867
happy-go_vol said:
It seems to me that twitters spending was governmentesque.. wasted a lot of money. Musk will make it way more efficient. I wouldn't be surprised if he moved it to texas
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From an ROI perspective, what they used to be spending has no bearing on the return he would hope to get. He's looking at purchase price and current/future operating cost.
 
#4,868
#4,868
n_huffhines said:
From an ROI perspective, what they used to be spending has no bearing on the return he would hope to get. He's looking at purchase price and current/future operating cost.
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That's my thought, it seemed they had so much money so they buy endless perks for their employees. I bet if you were a libtard, it must have been a great place to work.
 
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#4,874
#4,874
NashVol11 said:
I don’t think I’ve ever seen someone more desperate to be cool than Elon. He wants people to like him so bad
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He had all the love and nut hugging coolness that anyone person could handle from the left , until he decided to buy Twitter . I don’t believe you thought that through .
 
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#4,875
#4,875
SamRebel35 said:
Expert analysis. Nothing shouts "Love me!" like defiantly going against the grain of every other culturally influential tech and media platform.
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As a side project where he spent 9 months being in-then-out-then-in publicly every single day? Followed by making everything at Twitter about himself and going on media tours with Dave Chappelle trying to do the “I’m rich, biatch” line from Chappelle’s Show? Oh and “defiantly” not changing much at all about the actual site, certainly nothing that others couldn’t do for him if he didn’t want to be the center of attention at all times.

Great point lol. I see you’re new to Elon Musk
 
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