Earlier quoted context omitted.
I'm still convinced he's just going for a "clever" way to declare bankruptcy in order to not pay full price for the Twitter acquisition. Make it look like a business... "accident", publicly say twitter actually never had a chance to get out of debt, Sell the assets, refinance the whole thing at a fraction of the original buyout price, threw a few millions to the creditors and get away with the whole thing.
I've thought about this too and have mentioned it to friends a couple of times. Not sure if bankruptcy, but it's a way to get tax credits if it's not successful.
Twitter has officially changed its logo to ‘X’
171–180 of 1001 posts
Re: Twitter has officially changed its logo to ‘X’
#172I don’t really see what Musk is trying to accomplish. Everything he’s done to Twitter carries the foul stench of Death by Private Equity. No product improvements, but worse reliability, more spam, and a weird desperate-looking rebrand. This is what it looks like when inept MBAs try to squeeze some more life out of a dying platform. The strange thing here is that Musk’s acquisition was supposed to be the exact opposit…
> No product improvements Removing the tweet limit was a massive improvement (something I'd wanted for a decade). Showing view counts is also nice. I don't like the login-walls and selling blue checkmarks, but I understand that the company was financially struggling prior to Elon. In any case my impression has been that Twitter has improved more since Elon than prior to that. My Twitter usage is definitely higher tha…
I used Twitter for a decade, and frustration was the primary emotion associated with the service. I had about a thousand followers but barely any engagement to anything I ever posted. There was never any positive reinforcement to an insignificant little guy like myself.
I don't really see how longer tweets or view counts do anything to help with that fundamental problem. (View counts only make it more obvious that nobody cares about my tweets, which is presumably why Twitter had previously hidden them under the engagement metrics UI.)
It's a platform dominated by big accounts. As the owner of one of the biggest accounts on Twitter, Musk doesn't experience or see the problem and can't fix it.
Re: Twitter has officially changed its logo to ‘X’
#173Twitter has managed to get so many words to be common. Like it's a "tweet", not "a post on facebook". It's a "retweet" or "quote tweet", not "something I shared on facebook". Why throw all this deep brand recognition away? It's like people say "google it", and google suddenly changing the name of their search.
"I xed it." the new verb sounds like using a dodgy porn site.
Re: Twitter has officially changed its logo to ‘X’
#174I initially thought buying twitter was about converting massively overvalued TSLA stock into only somewhat overvalued TWTR stock. I now think I was wrong.
Another stupid play is to merge verification with membership. I thought he would add a new membership tier along blue check mark to have some extra income. Instead he actually chose the bizarre route and sabotaged the verification. Maybe he is really being paid by the Saudis to intentionally ruin Twitter to reduce the freedom of speech
Re: Twitter has officially changed its logo to ‘X’
#175Re: Twitter has officially changed its logo to ‘X’
#176Re: Twitter has officially changed its logo to ‘X’
#177I don’t really see what Musk is trying to accomplish. Everything he’s done to Twitter carries the foul stench of Death by Private Equity. No product improvements, but worse reliability, more spam, and a weird desperate-looking rebrand. This is what it looks like when inept MBAs try to squeeze some more life out of a dying platform. The strange thing here is that Musk’s acquisition was supposed to be the exact opposit…
I speculate that musk is trying to build something like weChat for the US
You don't need to "speculate", because Musk has literally said this.
Re: Twitter has officially changed its logo to ‘X’
#178Re: Twitter has officially changed its logo to ‘X’
#179This man is burning anything that had any value at Twitter. From an extremely valuable list of verified users to the name which is even used as a verb. There is absolutely no reason to rename Twitter. The name isn't even that stained compared to like Comcast or what ever the name was of that phone company in the 90s that sucked so bad it was renamed.
I think Elon is a bit misguided, especially in his business ventures in the UK. For instance, it seems egregious to most people that Elon expects people to pay £100 a year for a social media site in the midst of a Cost of Living crisis. Personally, I don't see what the hype is around Elon. I think he's done good things, but in other ways he's not a very good businessman.
Re: Twitter has officially changed its logo to ‘X’
#180I don’t really see what Musk is trying to accomplish. Everything he’s done to Twitter carries the foul stench of Death by Private Equity. No product improvements, but worse reliability, more spam, and a weird desperate-looking rebrand. This is what it looks like when inept MBAs try to squeeze some more life out of a dying platform. The strange thing here is that Musk’s acquisition was supposed to be the exact opposit…
I speculate that musk is trying to build something like weChat for the US