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That said, it would be interesting to see how Musk would destroy Twitter, instead of seeing Twitter continue to do it themselves.
He actually dismissed Twitter’s management so I am guessing they’re slated to be demoted or fired if he takes over. Should they sell? I mean it’s such a bizarrely undervalued company. It’s like buying a plot of land on fifth avenue that’s owned by a convenience store and the store owner wants to charge for a skyscraper market rate.
Is it, though? Snap's market cap is $56 billion right now, and they have more MAU than Twitter (~320 million vs ~220 million).
What a clown. Probably made the offer knowing it won't get accepted anyway. Then sells his shares at a nice profit and goes on with his day. That said, it would be interesting to see how Musk would destroy Twitter, instead of seeing Twitter continue to do it themselves.
Good. Twitter is actually dying [0] (and Musk knows it [1]). For its survival it needs to be saved from itself, by taking it private. Well done to Musk for doubling down. [0] https://www.pewresearch.org/internet/2021/11/15/2-comparing-... [1] https://news.ycombinator.com/item?id=30973239
What I would actually like is seriously shooting down these idiotic bots. Like seriously, they have the exact same name and picture as the main account. How the fuck do we not have machine learning, fuck a bunch of bash-scripts to figure this out?
It makes the platform borderline unusable how much crypto spam bots exist on it.
That said, not a fan of Musk waste his time with Twitter. SpaceX, Tesla are plenty.
It’s interesting to contextualize this with a regular persons life. This amount will present about 1/7 of his net worth. However unlike a traditional purchase this will be n investment and depending on how it goes, he can get even more money. If an average person had a max net worth of 3 million this would be like them deciding to buy a 400K investment property, or a laundry mat. That aside, this is also a great exam…
I don't have an opinion over the consequences for politics over this, I'm just excited over the potential shakedown of the social media landscape that I grew to despise. Musk is an activist, can make it or break it. He is absolutely right over its enormous potential, all the problems it has - as a business or ones it creates for the society - can be solved. Free speech absolutism is possible and is beneficial once yo…
I'm starting to become a fan of Musk. Guy is sitting on $256B in net worth. That's so rich it's like trying to picture the distance from the earth to the sun, your brain struggles.
I get the sense he's going to be the Howard Hughes of our time. Weird ideas and a ton of money make for some interesting moves. Not everything he does will be positive, but his imprint will be one for the history books.