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How Much Longer Can Twitter Last, Really?

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Re: How Much Longer Can Twitter Last, Really?

#21
post #9

A meta comment: since Elon’s takeover there has been an astounding volume of Twitter doom wishcasting. Almost none of these predictions have come true, and while I suppose they may eventually, the posts/articles getting increasingly difficult to pay attention to. Every time I see another of these my reaction is “god, another one?” I’ve been struggling to evaluate these articles on the merits, I’m sure I’m not alone.…

To be fair to the doomers- slow failures can look like “business as usual” for a long long time. It’s very dependent on how someone defines success and failure. If Elon pours a billion a year into Twitter, is that a failure? Alternatively, is it really a success if it just keeps chugging along but doesn’t grow or innovate?

Maybe Twitters ends up something like IBM. It’s still there, but people can differ on whether IbM of the last 20+ years is really successful.

Edit - this is why most “predictions” are dumb, they are not concrete, measurable, or time bounded.

Re: How Much Longer Can Twitter Last, Really?

#23
post #17
post #9

A meta comment: since Elon’s takeover there has been an astounding volume of Twitter doom wishcasting. Almost none of these predictions have come true, and while I suppose they may eventually, the posts/articles getting increasingly difficult to pay attention to. Every time I see another of these my reaction is “god, another one?” I’ve been struggling to evaluate these articles on the merits, I’m sure I’m not alone.…

The average person doesn't care about any of this crying, they will use twitter for another ten years.

The average person probably doesn't use Twitter.

Re: How Much Longer Can Twitter Last, Really?

#24
post #9

A meta comment: since Elon’s takeover there has been an astounding volume of Twitter doom wishcasting. Almost none of these predictions have come true, and while I suppose they may eventually, the posts/articles getting increasingly difficult to pay attention to. Every time I see another of these my reaction is “god, another one?” I’ve been struggling to evaluate these articles on the merits, I’m sure I’m not alone.…

Elon/Twitter stories get clicks in part because of the "how's he going to get out of this one!?" factor. As the article points out, Twitter's financial numbers and upcoming liabilities don't look good. This is not subjective; Twitter is in bad fiscal shape. In some ways Elon walked the same knife's edge with Tesla and SpaceX (he himself admits how touch-and-go it was at various points), but he managed to pull it off.

Now he's doing a similar stunt with Twitter, but with a much bigger and more attentive audience. And a far cockier attitude.

And everyone's wondering how long he can play corporate Evel Knievel before his luck runs out.

Re: How Much Longer Can Twitter Last, Really?

#26

Can someone succinctly and definitively explain why everyone wants Twitter to fail? It's a beat to death news headline at this point.

Journalists dislike Musk, so they write articles biased against him, so most everyone dislikes Musk, including Twitter.

Re: How Much Longer Can Twitter Last, Really?

#27
post #9

A meta comment: since Elon’s takeover there has been an astounding volume of Twitter doom wishcasting. Almost none of these predictions have come true, and while I suppose they may eventually, the posts/articles getting increasingly difficult to pay attention to. Every time I see another of these my reaction is “god, another one?” I’ve been struggling to evaluate these articles on the merits, I’m sure I’m not alone.…

> Almost none of these predictions have come true There's only one prediction that really matters in my eyes: the prediction that Elon would win the October 2022 court case and somehow get out of his contractual agreement to buy Twitter. Can the future be predicted? Ehh, probably not. But the thing that has held up time-and-time again is legal, contractual obligations. 1. Elon Musk is terrible at understanding contra…

[deleted]

Re: How Much Longer Can Twitter Last, Really?

#28
post #9

A meta comment: since Elon’s takeover there has been an astounding volume of Twitter doom wishcasting. Almost none of these predictions have come true, and while I suppose they may eventually, the posts/articles getting increasingly difficult to pay attention to. Every time I see another of these my reaction is “god, another one?” I’ve been struggling to evaluate these articles on the merits, I’m sure I’m not alone.…

> Almost none of these predictions have come true There's only one prediction that really matters in my eyes: the prediction that Elon would win the October 2022 court case and somehow get out of his contractual agreement to buy Twitter. Can the future be predicted? Ehh, probably not. But the thing that has held up time-and-time again is legal, contractual obligations. 1. Elon Musk is terrible at understanding contra…

None of those are/were predictions...

Re: How Much Longer Can Twitter Last, Really?

#30

Earlier quoted context omitted.

> An alternative is that it gets purchased for a few billion dollars by a tech PE firm or Microsoft, which honestly would be a pretty good outcome. But with all the potential outstanding liability? Why not wait until the hammer comes down and the uncertainty is gone to purchase the firm, or whatever assets are useful, unless you really want to beat someone else to the punch?

I know you know this, but I'm going to elaborate for others. Bankruptcy is the best time to buy companies. The loans will be rewritten, so you can buy the company's assets _WITHOUT_ taking on any of its liabilities. The Twitter name, trademark, and other assets (maybe source code, servers, data-centers, etc. etc.) all will be up for sale. You can likely buy the "bits of Twitter" you care most about, and leave the oth…

Twitter is also under fairly severe consent decrees from both the U.S. and EU. I wonder how those would work if you bought e.g. the trademark?
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