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Elon Musk owns Twitter: The story so far

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Re: Elon Musk owns Twitter: The story so far

#41

Prediction: Brain drain at Twitter begins as Elon starts enacting unpopular policies. Valuation tanks. Morale becomes non-existent and Twitter slowly starts to fade from existence while competitors begin to fill the void. I give it 3-5 years before it's gone full husk.

You’re wrong, as a staunch advocate of free speech on the web and as a near victim of cancel culture I would gladly work at twitter as long as I were paid more than what I earn now, and I’m sure many people would feel the same. Twitter was already a crappy place to work before Elon with all its woke polítics, now though it may become more tolerable.

Re: Elon Musk owns Twitter: The story so far

#42
post #10
post #2

Apparently He laid off the data engineering team. That term is pretty vague, anyone know what they do? https://www.cnbc.com/2022/10/28/departing-twitter-employees-... Edit: this may have been a prank.

Who knows if that rumor is true, but it would be another red flag with Elon's approach. I can understand clearing out the old leadership team on day 1, but how quickly could Musk possibly know that there is no one on this team that could provide value to Twitter with different management or in some other role? Shooting first and asking questions later is not a good approach to managing a billion-dollar company.

Funny how we give advice on how to manage a billion dollar company to guy who owns 2 of these . I’m not sure how many do you own, but I unfortunately don’t have any.

Re: Elon Musk owns Twitter: The story so far

#43
I would really like to hear how he's financing this deal. His net worth has dropped since he's made this play. Most of his money is tied up in equity. So who's funding this deal? The fact that this isn't well talked about and that the company is going private is raising a lot of red flags to my eyes

Re: Elon Musk owns Twitter: The story so far

#44

Prediction: Brain drain at Twitter begins as Elon starts enacting unpopular policies. Valuation tanks. Morale becomes non-existent and Twitter slowly starts to fade from existence while competitors begin to fill the void. I give it 3-5 years before it's gone full husk.

Brain drains usually happen due to low or uncompetitive pay, not because of corporate ideology. Otherwise Facebook/Meta would have had a brain drain years ago.

Re: Elon Musk owns Twitter: The story so far

#45
post #25
post #8

It can be great for freedom of speech. Hopefully, it won't distract Elon too much from SpaceX, Tesla, and other important work. I still don't get how he managed to be CEO of multiple high-complexity companies. It's already not easy to be CEO of just one.

Some people just seem to have more hours in their day. It's quite impressive what Musk can do.

Telling other people to do things doesn't take that much time.

Re: Elon Musk owns Twitter: The story so far

#47

Prediction: Brain drain at Twitter begins as Elon starts enacting unpopular policies. Valuation tanks. Morale becomes non-existent and Twitter slowly starts to fade from existence while competitors begin to fill the void. I give it 3-5 years before it's gone full husk.

With a strong vision for freedom of speech and actual value enforcement (edit: of the transparency value, not just start censoring the other side), it would attract the right people. We can argue the recent dilution of Twitter's values to meddle with U.S. politics was the actual brain drain.

>With a strong vision for freedom of speech and actual value enforcement, it would attract the right people.

The social media company called Gab is the antithesis to that statement:

https://arstechnica.com/gadgets/2021/03/rookie-coding-mistak...

Re: Elon Musk owns Twitter: The story so far

#48
post #41

Prediction: Brain drain at Twitter begins as Elon starts enacting unpopular policies. Valuation tanks. Morale becomes non-existent and Twitter slowly starts to fade from existence while competitors begin to fill the void. I give it 3-5 years before it's gone full husk.

You’re wrong, as a staunch advocate of free speech on the web and as a near victim of cancel culture I would gladly work at twitter as long as I were paid more than what I earn now, and I’m sure many people would feel the same. Twitter was already a crappy place to work before Elon with all its woke polítics, now though it may become more tolerable.

The people I know working there don't say anything like that

Re: Elon Musk owns Twitter: The story so far

#49
post #29

Prediction: Brain drain at Twitter begins as Elon starts enacting unpopular policies. Valuation tanks. Morale becomes non-existent and Twitter slowly starts to fade from existence while competitors begin to fill the void. I give it 3-5 years before it's gone full husk.

Prediction: Twitter becomes more efficient, focused and profitable than they ever have been. And it will return to the platform neutrality and free speech ideals it had prior to 2015ish.

What is this pre-2015 neutrality you speak of? Wikipedia mentions a 2015 campaign of trying to ban ISIS propaganda accounts. Are you talking about that?

Re: Elon Musk owns Twitter: The story so far

#50
post #29

Prediction: Brain drain at Twitter begins as Elon starts enacting unpopular policies. Valuation tanks. Morale becomes non-existent and Twitter slowly starts to fade from existence while competitors begin to fill the void. I give it 3-5 years before it's gone full husk.

Prediction: Twitter becomes more efficient, focused and profitable than they ever have been. And it will return to the platform neutrality and free speech ideals it had prior to 2015ish.

The tricky part about neutrality is that

"If you are neutral in situations of injustice, you have chosen the side of the oppressor"

Of course, it's not always clear what injustice is and reasonable people might disagree, but I think there are certain minimum standards, like "anti-semitism and blatant racism are bad".

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