How will Musk's failure at Twitter affect market confidence in his other ventures?
It's counterintuitive but Tesla shareholders might want Twitter to fold quickly so Elon can fully focus on Tesla again.
Twitter to employees: all office buildings closed, badge access suspended
701–710 of 1001 posts
Re: Twitter to employees: all office buildings closed, badge access suspended
#702Are people who still want to argue that Elon isn't destroying Twitter?
You really can’t argue when twitter works fine right now and everything is just talk till it happens.
"Uh duh ok but I still breath, I don't have cancer until I see them"
Re: Twitter to employees: all office buildings closed, badge access suspended
#703A couple weeks ago 50% were laid off and nothing happened. Now I read on Twitter that Twitter died and it's at a record high DAU. Make it make sense! It may be bumpy in the short term, but then all of the supremely confident naysayers are going to look ridiculous and spiteful if it turns out that Twitter can operate with 80-90% fewer employees.
Re: Twitter to employees: all office buildings closed, badge access suspended
#704In case you want to view Elon's Twitter without giving him ad revenue: https://notabird.site/elonmusk
Re: Twitter to employees: all office buildings closed, badge access suspended
#705Earlier quoted context omitted.
I don't intend to be mean, but I think your statement is trivially disprovable: $4.8B annual revenue, even if every advertiser spent $1M annually, that's 4,800 advertisers who all require inside reps. If each rep can handle 100 clients (unlikely; that's less than 1 hour / month attention), they would need 480 inside reps alone just to keep ad agencies happy.
No they don’t all require inside sales reps. Most advertising can be automated. 95% of clients can self serve. They ran this website 12 years ago with the same number of users and like 200 people.
I don't think you ever worked with advertiser directly at that scale, I worked in a company that did on a smaller scale and it was hell on earth, no way to automate that, we had 10 people just for them and they were overworked
Re: Twitter to employees: all office buildings closed, badge access suspended
#706Earlier quoted context omitted.
Regular people have been trying to explain this to the "center-right" for a while now: Twitter's moderation policies weren't primarily dictated by their political views, they were primarily dictated by building an advertiser friendly platform. Which Musk exploded almost immediately by endorsing a far right homophobic conspiracy theory about a violent attack on the family member of an elected politician. You can say "…
From what I understand, Twitter's moderation is noticeably more left-wing than that of Facebook. And yet Facebook makes a lot of ad dollars. So I do think there's a discretionary element there. I agree that Musk hasn't been behaving in a way that's advertiser-friendly. Jack Dorsey is super familiar with Twitter and said Elon was the best solution for it if it was gonna stay a company: https://techcrunch.com/2022/04/2…
But more importantly there's a big difference between how Facebook and Twitter work - Facebook is default closed, people can't interact with you unless you're putting yourself out there - either by friending people or joining a group, so there's a natural barrier against the spread of harassment, brigading and the toxic behaviour becoming public. There is a whole load of toxic neo-nazi stuff on Facebook, but it's out of view, and because ads are highly targetted there's no concern about brand safety. On Twitter it's default open, so if people are going around loudly spreading far right homophobic conspiracy theories about a violent attack on an elected official everyone is going to know about it - that's why Twitter has to be so careful.
There were a lot of people who have been in social media who explained in a lot of detail about how these things work when Elon first got involved. For example, Yishan Wong ran reddit back in 2012, at the time he had an extremely similar free speech maximalist view similar to Musk's current view. He did a very clear explanation of the dynamics of why that approach simply doesn't work - https://twitter.com/yishan/status/1514938507407421440 .
Re: Twitter to employees: all office buildings closed, badge access suspended
#707The management is worried about internal sabotage? My Twitter friends said Twitter has been having large exodus. CSL(core systems lib?) team, blobstore team, graph platform team, and revenue forecasting team seemed have all quit. I'm not sure how robust and autonomous Twitter's infra is. Hopefully Twitter will continue to function.
It definitely feels like internal sabotage at the moment...
Re: Twitter to employees: all office buildings closed, badge access suspended
#708Earlier quoted context omitted.
It definitely feels like internal sabotage at the moment...
By whom, Musk? Because while particular actions he's taken in the past few weeks may be justifiable in certain contexts, all of them taken together can only be interpreted as an attempt to set 44 billion dollars on fire.
Re: Twitter to employees: all office buildings closed, badge access suspended
#709Earlier quoted context omitted.
Good word, it gets better from there: https://twitter.com/elonmusk/status/1593455727611215872 > And … we just hit another all-time high in Twitter usage lol > Let that sink in … He literally cannot distinguish between good and bad attention. He still thinks he's winning this.
Highest DAU for xx% less overhead is literally winning. That's why people have lost their minds. They want him to fail so badly and they're getting the feeling that he won't, so cognitive dissonance is through the roof.
Re: Twitter to employees: all office buildings closed, badge access suspended
#710Earlier quoted context omitted.
Good word, it gets better from there: https://twitter.com/elonmusk/status/1593455727611215872 > And … we just hit another all-time high in Twitter usage lol > Let that sink in … He literally cannot distinguish between good and bad attention. He still thinks he's winning this.
To be fair for Twitter any sort of eyeballs are eyeballs. Doesn’t matter that they’re just there to watch the carnage