I don’t remember who stated this but basically there is this thought that Musk was in fact mad about how on Twitter the “common man” could indeed vocally and effectively share their disagreement with his decisions. It also might have been an impulsive decision to become relevant in “new tech” at the same time (why would he care so much about this, boredom?). Ultimately he probably just wanted to get out of that impul…
Twitter has officially changed its logo to ‘X’
671–680 of 1001 posts
Re: Twitter has officially changed its logo to ‘X’
#672Earlier quoted context omitted.
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Not shown: advertising revenue; debt load; rise of competing services; probability of bankrupsy over time; number of staff; market cap... It might , perhaps, almost be that a google trends graph isn't a reliable measure of business sustainability.
Twitter was only profitable for one year while it was public (2018). It's not like Elon could make that much worse. For what it's worth, he claims (edit: claimed before the advertisers left) it's break-even now.
As for competing services, Facebook has their work cut out for them. Active Daily User count on Threads has gone down 70% from it's bombastic launch. Average user engagement time has also gone down to 4 minutes from 19.
https://www.wsj.com/articles/threads-user-engagement-continu...
https://www.forbes.com/sites/willskipworth/2023/07/21/thread...
Re: Twitter has officially changed its logo to ‘X’
#673Earlier quoted context omitted.
Doubt anyone who worked on that still is employed there. And even if, they surely weren't asked their opinion, nor informed about the decision.
I guess not. https://twitter.com/martingrasser/status/1683266038602010624
Re: Twitter has officially changed its logo to ‘X’
#674Earlier quoted context omitted.
> This, though. This one makes me angry and disappointed. But why are you angry about the rebrand?
Because branding is one of my passions in life. I love good branding. Twitter is fantastic branding. X... is not. Watching Elon destroy the Twitter brand is like watching someone throw orange paint on the Mona Lisa.
Re: Twitter has officially changed its logo to ‘X’
#675For what I can tell, Elon bought Twitter to take it off the stock market, fix it as a private company, creating growth and profitability, and then list it later to make his money back. He sees the X vision to make Twitter become the Everything App, where people turn to it for more than just messaging, but video calls and commerce. Very much like WeChat where it serves as a platform for things like restaurant bookings…
> He sees the X vision to make Twitter become the Everything App, where people turn to it for more than just messaging, but video calls and commerce This is the exact vacuous nonsense Sam Bankman-Fried was spouting while playing League of Legends in a VC meeting and it made Sequoia Capital wet their pants. It really puts the cart before the horse of "how or why" Twitter should position themselves this way. It is frus…
"Hey, look over there! I'll make the 6 Million Dollar Man!"
I'm pretty sure he just watches 80s TV for vaporware announcement ideas to use when there's bad press to suppress.
Re: Twitter has officially changed its logo to ‘X’
#676Someone in the branding team will make a juvenile tag line of "X marks the spot" and ironically it might catch on for the sake of people calling the platform "the spot". "Did you find 'the spot' for it?"
Re: Twitter has officially changed its logo to ‘X’
#677I don’t remember who stated this but basically there is this thought that Musk was in fact mad about how on Twitter the “common man” could indeed vocally and effectively share their disagreement with his decisions. It also might have been an impulsive decision to become relevant in “new tech” at the same time (why would he care so much about this, boredom?). Ultimately he probably just wanted to get out of that impul…
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Re: Twitter has officially changed its logo to ‘X’
#678Earlier quoted context omitted.
> For what I can tell, Elon bought Twitter to take it off the stock market, fix it as a private company, creating growth and profitability, and then list it later to make his money back. A reminder that Elon had to be sued into buying this company.
So he wanted it to take it off the stock market, fix it, yada yada but then realized this is a bad idea?
Re: Twitter has officially changed its logo to ‘X’
#679Earlier quoted context omitted.
> For what I can tell, Elon bought Twitter to take it off the stock market, fix it as a private company, creating growth and profitability, and then list it later to make his money back. A reminder that Elon had to be sued into buying this company.
He tried to back away when the stock markets fell making financing more difficult/expensive. He wanted a better price. He still wanted to buy it.
Re: Twitter has officially changed its logo to ‘X’
#680Earlier quoted context omitted.
That's hilarious. I honestly wonder if Elon decided to do this change on Friday and had people rushing all weekend to push it out the door.
> That's hilarious. You don't have to make change atomically. Eventual consistency is sufficient and very practical.