Twitter Showing Cracks? - Business, Finances and Investing Forum

Not sure how this thread doesn't exist so f it I'm starting it. I don't even come on 2+2 hardly anymore. Lol...

Musk is running Twitter like Trump ran the White House

Only he actually has to pay the bills. WH unlimited funds...

How did the Saudis end up backing Musk in buying Twitter? That's...interesting, to say the least...

Final question how the f is Musk going to service the debt? This inquiring mind would like to know. I'm aware he saves money by whittling the company down to what I guess is tantamount to a skeleton crew in terms of coding, now how tf is he going to monetize TWTR, and w this workforce?

Discuss. Popcorn.gif

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11-11-2022 , 02:15 PM

GTO2.0

Pooh-Bah

Join Date: May 2012 Posts: 3,784

$8 per user per month bro. EZ

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11-11-2022 , 02:24 PM

pocket_zeros

Pooh-Bah

Join Date: Jun 2008 Posts: 4,390

Musk lighting $44B on fire and destroying Twitter is two birds with one stone.

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11-11-2022 , 03:52 PM

GTO2.0

Pooh-Bah

Join Date: May 2012 Posts: 3,784

Quote:

Originally Posted by GTO2.0

$8 per user per month bro. EZ

Whoops, looks like that didn’t work.

Any other ideas?

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11-11-2022 , 05:21 PM

pocket_zeros

Pooh-Bah

Join Date: Jun 2008 Posts: 4,390

Quote:

Originally Posted by GTO2.0

Whoops, looks like that didn’t work.

Any other ideas?

Today's (11/11/22) Techmeme podcast had a great take on what might happen to Twitter. Here's the link, starts at 4:00

https://art19.com/shows/techmeme-ridehome

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11-19-2022 , 05:38 PM

TeflonDawg

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Join Date: Oct 2006 Posts: 5,931

Ded by Mon?

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11-20-2022 , 09:18 AM

pocket_zeros

Pooh-Bah

Join Date: Jun 2008 Posts: 4,390

Even Trump is rejecting Twitter. There goes Elon's last ditch attempt at avoiding complete irrelevancy.

https://www.cnbc.com/2022/11/20/trum...s-account.html

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11-20-2022 , 09:38 AM

chytry

Pooh-Bah

Join Date: Feb 2010 Posts: 4,334

^^ just shows how desperate Musk's ideas are

Trump is not gonna return to a platform that kicked him out & owe Musk a favour.

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11-25-2022 , 07:29 PM

heltok

old hand

Join Date: May 2012 Posts: 1,695

Elon is playing 4D chess, creating drama to drive traffic to twitter.

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11-27-2022 , 02:26 AM

#10

heltok

old hand

Join Date: May 2012 Posts: 1,695

https://twitter.com/elonmusk/status/...755648/photo/1

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11-27-2022 , 01:42 PM

#11

EZX

grinder

Join Date: May 2012 Posts: 526

Fellas Twitter isn't public anymore so my interest has gone down to zero. Twitter will survive.

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11-27-2022 , 11:10 PM

#12

coordi

Carpal \'Tunnel

Join Date: May 2007 Posts: 22,844

Tesla isn't worth 44 billion but itll probably be profitable before too long

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12-04-2022 , 10:36 AM

#13

nucularburro

adept

Join Date: Nov 2021 Posts: 975

I have a flying car to sell you.

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01-11-2023 , 01:30 PM

#14

TeflonDawg

Pooh-Bah

Join Date: Oct 2006 Posts: 5,931

Couple of questions...

1) Who owns Twitter? As in, how was the purchase funded?

2) Whatever became of the whole bot thing from when Musk tried to angleshoot out of the deal? What exactly is the reality regarding bots/users and the makeup of that whole base?

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01-12-2023 , 06:36 PM

#15

AllinPoker

journeyman

Join Date: Nov 2012 Posts: 377

He sold like $40 billion of tesla stock in the past year. That can more than fund it going forward.

He over paid for it and then tried to get the price down by backing out/bots/etc.

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01-13-2023 , 12:06 AM

#16

TeflonDawg

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Join Date: Oct 2006 Posts: 5,931

I should clarify that I know he sold Tesla stock. I wanted to know who else is part of the investing group. Read today a Saudi Prince (I think) owns like 4% or something

Also for bots, I wanted to know if it ever became public how "flooded w bots" Twitter is. Musk was saying one thing, pre Musk owned Twitter was saying another

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02-28-2023 , 04:06 PM

#17

TeflonDawg

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Join Date: Oct 2006 Posts: 5,931

https://arstechnica.com/tech-policy/...f-report-says/

Quote:

Among those impacted is Esther Crawford, who enthusiastically embraced Twitter CEO Elon Musk's vision of Twitter 2.0 and proved to be so hardcore that she became the chief executive of Twitter Payments, Financial Times reported. In November, Musk told staff there were no plans for more layoffs and pointed to Twitter Payments—a product that would support peer-to-peer payments and e-commerce on the platform—as the product that would save Twitter from going broke. Now, the Twitter Payments team has dropped from a staff of 30 to fewer than eight, the Times reported, making it unclear if the product is still a top priority as Twitter's money struggles drag on.

Quote:

Several lawsuits have been filed by staff affected by Twitter's mass layoffs. Those former staffers allege that they’ve been offered severance packages that are less than what they are owed. For executives hit by the latest round of layoffs, including Crawford and Haraldur Thorleifsson, their promised severance packages are even higher. The Times reported that they're so pricey, sources familiar with what's included in their severance packages expect it could cost Twitter more to lay them off than keep them on staff.

Under 2k employees now...

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03-09-2023 , 05:20 PM

#18

TeflonDawg

Pooh-Bah

Join Date: Oct 2006 Posts: 5,931

Real or nah? Twitter is so ****ed up this is actually believable

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03-10-2023 , 01:53 AM

#19

somigosaden

adept

Join Date: Dec 2013 Posts: 1,069

If it's true, that would be extremely stupid to admit publicly. Not just because now they're likely to look for you, and to sue you, but that that admission would doom you in the lawsuit.

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03-10-2023 , 02:10 PM

#20

coordi

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Join Date: May 2007 Posts: 22,844

Quote:

Originally Posted by somigosaden

If it's true, that would be extremely stupid to admit publicly. Not just because now they're likely to look for you, and to sue you, but that that admission would doom you in the lawsuit.

This is why I always assume these stories are fanfic, but people can be stupid as ****

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03-30-2023 , 05:25 PM

#21

TeflonDawg

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Join Date: Oct 2006 Posts: 5,931

Wat

Also wat

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03-30-2023 , 07:13 PM

#22

coordi

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Join Date: May 2007 Posts: 22,844

Musk is currently on a week long anti-LGBTQ tirade and giving credibility to loons implying that Trans people are more likely to go on mass shooting sprees

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03-30-2023 , 07:31 PM

#23

rickroll

oddly catty

Join Date: Aug 2011 Posts: 22,760

really dishonest to compare Sept-Oct with holiday shopping spending beginning to ramp up vs what are generally the lowest ad spend period of the year

i'm sure spending is way down, but there's a reason why you don't compare to x months ago but rather the same exact time periods

also feels super dishonest to just cherry pick "the top 10 advertisers"

however, i still stand by in agreement that yes, he probably is letting his ego gut their earnings