Twitter Bombed. Anyone Buying?

Opinion: ‘He sold caviar to buy a $2 slice of pizza’ — Why Tesla investors are the biggest losers in Elon Musk’s Twitter deal

1 Like

If EM pulls it off, it means…

Dude is setting a couple hundred billion dollars on fire to own the libs. Hope he’s having a ton of fun.

All the Designers and Product managers who figured out how a button should look like are gone.

2 Likes

.

:face_with_hand_over_mouth:

The new TWTR won’t be spending time debating about content moderation since it doesn’t matter…

:hugs:

1 Like

.

Probably can’t legally. Might be peak EM. Past performance is not a guarantee for future success. Remember he is getting old. TSLA could just be a minor miracle that won’t be repeated.

Legally, he would have come out of TWTR deal by paying 1B easily, but aftereffects may be another disaster.

If TWTR later blocks his account, his entire connectivity is lost immediately like Trump. He may not want that risk while growing. His entire mass media communication is through TWTR which can save billions with TSLA, SPACEX…etc now.

It is better to take over TWTR and remove those management. Now, he has his own social network, equivalent of META, GOOG.

He would nicely taken TWTR at deep discount by now had he carefully moved. Other than paying hefty price, and the struggles he go through now, everything will be alright as long as he has TSLA money. If need be, he will further sell TSLA and save both companies.

.

:face_with_hand_over_mouth:

Not the same as :rocket: to the moon, right?

Heard he collateral a large portion of his TSLA holding to fund his other initiatives. Wondering how much more he can sell.

It does not matter for him.

Even if were in that situation, we would like to save the investment, make it successful and come out of the issue.

This is unfortunate, downturn time, for him, but it takes his money, efforts to do. He is intelligent enough to make it private so that valuation is hidden behind the scenes, and he is not answerable for taking public money (esp SEC compliance).

Looks like he gave for TWTR too. However, we are talking about world No 1 billionaire, he may have enough to sell.

Since it is private, it is his personal struggle, that is entrepreneur deal!

1 Like

Elon won’t be happy with Tim Apple taking a 30% cut off his $8 Twitter subscription fee. Elon and Tim are headed in a collision course.

:popcorn:

1 Like

https://twitter.com/GRDecter/status/1594722715197489153

It’s the worst-kept secret that the Majors are 2-3x over-employed. Elon is proving you don’t need thousands of employees who play some foosball, meditate, take a 3-hour lunch, send a couple emails then go home. The party is over.

More and more layoffs are being announced across tech companies, with the most recent being Amazon. Usually, Amazon is ramping up hiring into Black Friday/Cyber Monday and the Holidays, but now they are cutting jobs instead.

With the easy money gone, stock prices down, and compensation packages shrinking, tech employees are in for a wake-up call. Although job cuts will become more widespread - I’m going to talk about technology specifically because it is in its own magical unicorn land.

In technology equities, we have gone through one of the single greatest wealth accumulation runs in history. After the GFC, the total market cap of the NASDAQ 100 was $1.5T. This numbered ballooned to $20T in 2021 before coming back down to around $14T, where it is today.

That’s $18.5 trillion in wealth created in 12 years. To put that in scale, the global GDP is $96T, and the United States has a GDP of $23T. This was all a result of capital flowing into these companies because in a low interest rate environment - it had nowhere else to go.

TC doesn’t need to do anything. EM is imploding.

1 Like

In a down cycle Elon can afford to treat techies like crap. But down cycles don’t last forever. When the tech winter blows over people will remember not to work for a shitty boss like Elon.

.

How come so many people working in TSLA? And so many investors worship EM?

If there is $$$, who cares how you are abused.

有钱能使鬼推磨
无钱便做推磨鬼

1 Like

People with exceptional abilities will always have plenty of options. These people will be first to walk. It’s quite likely the people who remain in Twitter are the ones who can’t easily find work elsewhere.

I am sure you are familiar with Steve Jobs’ notion of A players versus C players. What kind of players are left at Twitter? Or even at Tesla?

EM = AAA and he surrounded himself with A :slight_smile:

良禽择木而栖,贤臣择主而事

Paid a heavy price for Twitter.

1 Like
1 Like

Billionaires go to the same orgy🙄

1 Like