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Paul Graham is leaving Twitter for now

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Re: Paul Graham is leaving Twitter for now

#293

Amazing that just a month ago he tweeted[1]: "It's remarkable how many people who've never run any kind of company think they know how to run a tech company better than someone who's run Tesla and SpaceX.". It's been fascinating watching so many VC types ignore so many red flags just because some of Elon's early actions validated their priors (e.g. tech companies are bloated and need to layoff staff). [1] https://twi…

When I disagree with someone, I do not necessarily think they're stupid. That's a needlessly polarizing mindset.

I don't think people are calling Elon Musk stupid because they disagree with him.

Re: Paul Graham is leaving Twitter for now

#294
post #36

Amazing that just a month ago he tweeted[1]: "It's remarkable how many people who've never run any kind of company think they know how to run a tech company better than someone who's run Tesla and SpaceX.". It's been fascinating watching so many VC types ignore so many red flags just because some of Elon's early actions validated their priors (e.g. tech companies are bloated and need to layoff staff). [1] https://twi…

I mean, it's a flawed system to begin with. When someone is incapable of building stuff or running a company, we (as a society, collectively) hand them shittons of money to be a VC.

I don't think the investments of what, the 0.1% wealthiest of society is the same as "society collectively" doing anything!

Re: Paul Graham is leaving Twitter for now

#295
I'm in the same position as Paul Graham. Happy to support Elon... until he flagrantly broke the law. My twitter tabs are closed, when Twitter reverses I'll open them again. I was having fun.

IANAL but: You can't use market power to extend or preserve market power (monopoly isn't necessary nor the term in law.) The courts could and should enforce interoperability; never mind mentions of other services being censored. Restraint of trade.

There are lots of dumb criticisms of the transition - nothing is more difficult than changing a corporate culture, hence capitalism that allows the death of companies no matter how large. Changing software and systems is also difficult. Elon should be given time and considerable leeway. But the law is a bright red line.

Elon fired his main inhouse lawyer recently, he needs another fast. He'll figure out that this plow won't scour, and reverse himself, and I'll be back. If not, Congress or Biden will rectify the situation, probably with clear and close regulation of the sector.

Re: Paul Graham is leaving Twitter for now

#296
BTW, he's already backtracking and stating he has not "left twitter":

https://indieweb.social/@paulg@mas.to/109536543079310226

"I haven't "left Twitter." I just don't want to keep using it while it's banning links to other sites. Plus given the way things are going, it seemed like a good time to learn more about Mastodon."

Expect Musk to reverse this policy, and all the people who were fine with all the even more terrible things to just hush down and return.

Re: Paul Graham is leaving Twitter for now

#297

Earlier quoted context omitted.

Musk is a celebrity. Celebrities start successful companies all the time. Is Rihanna a brilliant business woman for starting a successful beauty line? Is she a business genius , which is what Musk gets labeled so often? Maybe she really is, but I don't see her get that label, I think her value add is very clearly "she is famous, people will buy shit that she puts her name on". What they have in common is that they ha…

Is her beauty line worth more than (top three classic beauty supply companies)?

Rihanna’s underwear company Savage X Fenty was estimated to be worth $3 billion earlier this year, which is roughly the same as the market cap of Victoria’s Secret.

Probably that estimate would be lower now, given the market downturn. But clearly she’s well on her way to building up a competitor to the established brands.

Re: Paul Graham is leaving Twitter for now

#299
post #52
post #27

You know how Musk promises one thing and delivers something else? I'm not the biggest Musk fan but I believe he has a very effective process and he is a product person - that is understands what is a good product. He will never deliver a free speech platform, he is a free-speech NIMBY and has an agenda os something that drives him but he can still turn Twitter into something valuable. Then people will come back for w…

> I'm not the biggest Musk fan but I believe he has a very effective process and he is a product person What a weird thing to say after he killed twitter with his "process". Perhaps this dumpster fire is the best view yet into what he really believes, and how he really runs his companies. Elon is a modern day Kissinger

I wish it were not so, but Apple has shown you can get away with a whole truck of anticompetitive ‘no you may not hear about my competitor’ behavior without harming a business.

Re: Paul Graham is leaving Twitter for now

#300

Amazing that just a month ago he tweeted[1]: "It's remarkable how many people who've never run any kind of company think they know how to run a tech company better than someone who's run Tesla and SpaceX.". It's been fascinating watching so many VC types ignore so many red flags just because some of Elon's early actions validated their priors (e.g. tech companies are bloated and need to layoff staff). [1] https://twi…

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