According to a new report, Musk ordered his staffers to work 12-hour shifts seven days a week to meet newly implemented deadlines to overhaul the platform.
The only advantage that I saw to Musk acquiring the company was the possibility of him running it into the ground. With any luck, Twitter will go the way of MySpace or maybe even face complete dissolution before the end of the decade; it was already a poorly maintained, advert‐riddled piss bucket before and it’s just been getting shittier and shittier every year.
Even principled Marxists can be pretty annoying on there. Some just spend their time arguing with libs or judging other Marxists even.
Idunno, most of that stuff just seems like a huge waste of time to me now. One day I was like 10 replies deep on some bs and realized taking a damn nap would be a more productive use of my time.
The less time I spend on social media, the happier I am. Except for Lemmygrad of course.
I was thinking “destroying Twitter may be the most based thing Elon Musk has ever done.” I mean he’s an evil fuck and an idiot and it’s not like he’s doing it on purpose but hey, a broken clock and all that.
Unsure. Maybe he will destroy it, maybe this is like a bailout. Some liberals suggest he overpaid for Twitter. I am unsure if that is copium or not, but he may have accidentally saved it from dying.
I just read that Twitter lost $ 1B in 2020 and “only” a quarter of that in 2021. I’m sure we have different ideas than libs about how a company should be valued, but no way we’re all coming up with $45B for a company bleeding money.
It gets worse though. Since a big part of Musk’s purchase was financed with debt there’s an additional $1B per year of debt service that Twitter now needs to pay. So there are really three basic ways this goes, either it dies a slow horrible death, he somehow magically finds some people who are able to successfully monetize it and stem the user exodus, or his US government and ruling class buddies pump in a bunch of cash to keep it solvent because they need Twitter for psyops and propaganda.
Imo he bought it just to have his own social media platform. What is a billionare today without one? And since he cannot make anything even with all his cash and people working for him, he just bough something big and famous, like a true failson he is.
The only advantage that I saw to Musk acquiring the company was the possibility of him running it into the ground. With any luck, Twitter will go the way of MySpace or maybe even face complete dissolution before the end of the decade; it was already a poorly maintained, advert‐riddled piss bucket before and it’s just been getting shittier and shittier every year.
I got fed up even before he took over.
Even principled Marxists can be pretty annoying on there. Some just spend their time arguing with libs or judging other Marxists even.
Idunno, most of that stuff just seems like a huge waste of time to me now. One day I was like 10 replies deep on some bs and realized taking a damn nap would be a more productive use of my time.
The less time I spend on social media, the happier I am. Except for Lemmygrad of course.
I was thinking “destroying Twitter may be the most based thing Elon Musk has ever done.” I mean he’s an evil fuck and an idiot and it’s not like he’s doing it on purpose but hey, a broken clock and all that.
Unsure. Maybe he will destroy it, maybe this is like a bailout. Some liberals suggest he overpaid for Twitter. I am unsure if that is copium or not, but he may have accidentally saved it from dying.
I just read that Twitter lost $ 1B in 2020 and “only” a quarter of that in 2021. I’m sure we have different ideas than libs about how a company should be valued, but no way we’re all coming up with $45B for a company bleeding money.
It gets worse though. Since a big part of Musk’s purchase was financed with debt there’s an additional $1B per year of debt service that Twitter now needs to pay. So there are really three basic ways this goes, either it dies a slow horrible death, he somehow magically finds some people who are able to successfully monetize it and stem the user exodus, or his US government and ruling class buddies pump in a bunch of cash to keep it solvent because they need Twitter for psyops and propaganda.
Imo he bought it just to have his own social media platform. What is a billionare today without one? And since he cannot make anything even with all his cash and people working for him, he just bough something big and famous, like a true failson he is.