51–60 of 133 posts
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"the censorship he disliked "
He claimed to dislike virtually all censorship. A "free speech absolutist" ( https://twitter.com/elonmusk/status/1499976967105433600 ). That was rapidly shown not to be the case when @ElonJet got snuffed out.
Glad I stopped looking at Twitter every day
Pretty sure the company is going to be sold to a private equity firm once it reaches $1b in valuation. There's just no way Musk is going to want to stick around the way things are trending. Premium tiers are not going to come close to replacing the lost revenue to declining ad spend. Especially when it's in a death spiral with increasingly spammier ads causing a flight of higher quality advertisers. And there isn't t…
I doubt he ever sells. He made the purchase because of his ego. As long as he still owns it, he can pretend that there is some future in which the company has value. Selling it for $1b locks in the valuation and confirms the deal was a huge mistake. I don't think he needs that $1b enough for him to be willing to take that hit to his ego.
The interest payments to the banks on the loans will continue to come due. I doubt Twitter is pulling in anywhere near enough revenue to satisfy those loans.
The decision to sell it may not be his.
This is kind of nuts, that's "random porn site" levels of advertisement. I don't know why anyone even works for this company any more. They day when someone tells you to let ads through that fake legitimate UI elements is probably when any developer should throw the towel in
Also btw is it even legal in Europe or the US to show an ad without disclosing it as such
Despite having a reputation as an innovator, Musk's ideas for improving Twitter revenue seem to amount to squeezing users for more money or otherwise degrading the free experience. This is a playbook that any private equity shark out there could have executed equally well. Not sure how this will ever lead to a viable "everything" app.
He has made great innovative strides in collapsing a social media site.
Why do you carry water for Musk? It's TwitterX not some generic unsearchable X.
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The censorship never went away. It just switched from being at one owner's whim to being at a different owner's whim. Closed platforms are not and can never be "free speech zones." They answer to their owners, period.
What sort of topics are currently being censored? I haven't seen examples of things being suppressed, but that's also why I'm asking; because I wouldn't have seen things that got suppressed.
Pretty sure the company is going to be sold to a private equity firm once it reaches $1b in valuation. There's just no way Musk is going to want to stick around the way things are trending. Premium tiers are not going to come close to replacing the lost revenue to declining ad spend. Especially when it's in a death spiral with increasingly spammier ads causing a flight of higher quality advertisers. And there isn't t…
Uhm - Musk paid $44 billion for Twitter. Obviously it's not worth >=$44B currently but it's also obviously still worth more than $1B.
Edit: Some people seem to be thinking I'm arguing it's worth >$10B -- I am not. I'm only arguing that it's absolutely worth more than $1B. There are plenty of sources in the past 6 months which have valued it between $3.7B and $8B. There are absolutely buyers out there who would love to buy Twitter right now for a 90% discount vs. what Musk paid for it. You may still believe those parties would be overpaying, but it wouldn't be super difficult to find a buyer as long as there weren't other onerous terms attached to the deal.