I don't see how anyone can call the Twitter debacle an accident, so I have to conclude Musk does what he does intentionally, though possibly without a clear purpose. He alone has almost absolute control over the company. What does Musk stand to gain by tanking Twitter? I don't know. Nor do I know what he thought he might gain by buying it. His explanation -- that he wants to save free speech for all humanity -- sound…
Ask HN: What if Elon Musk is tanking Twitter on purpose?
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Re: Ask HN: What if Elon Musk is tanking Twitter on purpose?
#12I don’t buy this theory mostly because his ego is too big to do so without saying it. Plus given the texts with his friends and partners, it seems like he really really wanted to turn it into something, he just has no idea what. I think this is just his “emperors got no clothes” moment. However I do think when it fails, he will about turn and make up an excuse about how it was intentional. Consider this a billionaire…
Re: Ask HN: What if Elon Musk is tanking Twitter on purpose?
#13I don't see how anyone can call the Twitter debacle an accident, so I have to conclude Musk does what he does intentionally, though possibly without a clear purpose. He alone has almost absolute control over the company. What does Musk stand to gain by tanking Twitter? I don't know. Nor do I know what he thought he might gain by buying it. His explanation -- that he wants to save free speech for all humanity -- sound…
Re: Ask HN: What if Elon Musk is tanking Twitter on purpose?
#14I don't see how anyone can call the Twitter debacle an accident, so I have to conclude Musk does what he does intentionally, though possibly without a clear purpose. He alone has almost absolute control over the company. What does Musk stand to gain by tanking Twitter? I don't know. Nor do I know what he thought he might gain by buying it. His explanation -- that he wants to save free speech for all humanity -- sound…
If he tanks the price this allows him to take it private at a much cheaper rate. When he relists with 100% ownership he stands to profit when he dumps it on some media company.
Re: Ask HN: What if Elon Musk is tanking Twitter on purpose?
#15Tesla and SpaceX have physical products. Twitter isn’t, it’s an advertising platform. That’s very different.
Tesla engineers didn’t have any options for similar companies to go to (until recently). Not a lot of rocketry companies out there either. Programmers have TONS of jobs. You can’t push them around so easily.
He had a very clear executable vision for Tesla he could articulate and motivate with. Same with SpaceX. No one knows what his Twitter plans are out side of “make it better”. But no one knows what that means, so it’s hard/impossible to follow. And he’s not articulating it.
Frankly it’s incredibly clear he doesn’t understand the product. Users don’t like Twitter, they like other Twitter users. So you have to be real careful not to drive them away. You know what advertisers don’t care about? Twitter. They like twitter users.
His changes to verification/Twitter Blue showed he didn’t know what the point of verification was (something many get wrong). That plus the terribly executed initial layoffs (and general uncertainty) destroyed moral and trust.
If he wasn’t running at 200 MPH his decisions might work. I haven’t heard anyone defending Twitter’s old headcount. But the way he went about layoffs was super counterproductive. Twitter Blue sucked, but using it to ruin verification was moronic.
Everything after that just reeks of desperation.
There’s no master plan. There’s no 4D chess. He went out in a ledge he shouldn’t have been on unprepared and is now trapped with everyone watching him fall.
Read this thread. It made a ton of sense to me.
Re: Ask HN: What if Elon Musk is tanking Twitter on purpose?
#16I don't see how anyone can call the Twitter debacle an accident, so I have to conclude Musk does what he does intentionally, though possibly without a clear purpose. He alone has almost absolute control over the company. What does Musk stand to gain by tanking Twitter? I don't know. Nor do I know what he thought he might gain by buying it. His explanation -- that he wants to save free speech for all humanity -- sound…
They’re not all geniuses. Some were just born into it or were in the right place at the right time and had the willingness to let someone who knew what they were doing manage it.
But maybe the bigger problem is the transferability problem. You were ultra successful in A, so you must be great for B too, right?
What does Twitter have in common with SpaceX? They both have computers?
There have been tons of moronic ideas in valley in the last 20 years started/run by successful people that cratered. How many things has MS tried? And there must be tons of examples outside computing of people/companies trying to get into new lines of business that flopped hard.
But almost every time we’re surprised. “How could Elon fail?” Then the rationalization starts. “He must have a plan! He’s doing it on purpose!”
Nah. People fail at things. No one’s magic.
Re: Ask HN: What if Elon Musk is tanking Twitter on purpose?
#17Remember some things he discussed in his messages, like Twitter becoming a protocol and essentially acting as infrastructure like a phone company that doesn't care what you are talking about as long as you pay your bills?
Yeah, that's not happening because he spent tens of billions of his personal wealth, got other investors whose motives might not be as pure, loaded the company with debt that has yearly interest payments larger than the profits of the company in good times and the "pay $8" thing didn't work well.
He simply can't keep Twitter in the form he purchased Twitter, so he is shaking it down to try make something out of it. He will try all kinds of things until something works or Twitter shuts down. Not doing this and keeping Twitter the way he purchased it means Twitter shuts down eventually anyway and without anything to show for the money he spent.
Re: Ask HN: What if Elon Musk is tanking Twitter on purpose?
#18I don’t buy this theory mostly because his ego is too big to do so without saying it. Plus given the texts with his friends and partners, it seems like he really really wanted to turn it into something, he just has no idea what. I think this is just his “emperors got no clothes” moment. However I do think when it fails, he will about turn and make up an excuse about how it was intentional. Consider this a billionaire…
He screwed up agreeing in the first place under the conditions he did.
Everything else seems like flailing trying to undo/minimize damage, often making things worse.
Re: Ask HN: What if Elon Musk is tanking Twitter on purpose?
#19Certain authoritarian regimes that have provided him with financing might be glad that their critics no longer have a platform to reach the masses with, and consider it a cost of doing business, and gladly take the loss.
What could he get that would be enough to offset all that?
He could have just turned off Twitter in other countries that didn’t want it. He could have run it with Chinese style censorship. He could have manipulated the conversation. He could have flat out backdoored it for them.
Why was it necessary to destroy it? Why would that be the preferred outcome?
Makes no sense.
Re: Ask HN: What if Elon Musk is tanking Twitter on purpose?
#20Earlier quoted context omitted.
If he tanks the price this allows him to take it private at a much cheaper rate. When he relists with 100% ownership he stands to profit when he dumps it on some media company.
His taking private price is fixed and not going to change anymore.