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How to turn $44 Billion into nothing
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How to turn $44 Billion into nothing

1

May 4, 2023, 12:45 PM

A case study on Elon Musk.

And a billion users?? lol..that ain't happening. When the time comes, I wonder if the gumbint will bail them out, too? I'm 101% sure Elon would take it.

https://www.foxbusiness.com/technology/musk-slashes-twitter-down-1k-employees


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When’s it going to stop working?***


May 4, 2023, 12:46 PM



2024 orange level memberbadge-donor-20yr.jpgringofhonor-obed.jpg flag link military_tech thumb_downthumb_up


2 hours ago?


May 4, 2023, 12:56 PM

https://techcrunch.com/2023/05/04/twitters-mobile-web-app-is-currently-down-for-some/


https://www.dailymail.co.uk/sciencetech/article-12046591/Is-Twitter-Thousands-users-worldwide-reporting-issues.html


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I dunno, but when it does

4

May 4, 2023, 12:58 PM [ in reply to When’s it going to stop working?*** ]

I'm not sure where xtiger, RPMcMurphy, and lot of the other folks on Politics board are going to get their news.

2024 white level memberbadge-donor-05yr.jpg flag link military_tech thumb_downthumb_up

[Catahoula] used to be almost solely a PnR rascal, but now has adopted shidpoasting with a passion. -bengaline

You are the meme master. - RPMcMurphy®

Trump is not a phony. - RememberTheDanny


You're not sure


May 4, 2023, 1:25 PM

where we get it now.

flag link military_tech thumb_downthumb_up

That's for #### sure


May 4, 2023, 2:10 PM

Certainly not from a place of rational or factual thought.

2024 white level memberbadge-donor-05yr.jpg flag link military_tech thumb_downthumb_up

[Catahoula] used to be almost solely a PnR rascal, but now has adopted shidpoasting with a passion. -bengaline

You are the meme master. - RPMcMurphy®

Trump is not a phony. - RememberTheDanny


Really?


May 4, 2023, 2:43 PM

Tell me more.

flag link military_tech thumb_downthumb_up

WAIT A GODDANG MINUTE TONY SHIAVONE

2

May 4, 2023, 12:57 PM

They are breaking news of the ManBearPig



https://twitter.com/thedailyrabbit/status/1653925975715880962


that's worth probably $11B

2024 purple level member flag link military_tech thumb_downthumb_up

AND ANOTHER CONSPIRACY IS HAPPENING

1

May 4, 2023, 1:00 PM

.
https://twitter.com/ronin19217435/status/1653944559368384512

2024 purple level member flag link military_tech thumb_downthumb_up

420 ? MOAR LIKE 840, AMIRITE ?

2

May 4, 2023, 1:06 PM

.
https://twitter.com/StrangestMedia/status/1654122787945209857

2024 purple level member flag link military_tech thumb_downthumb_up

How to smell like weed the easy way***


May 4, 2023, 1:08 PM



badge-donor-05yr.jpg flag link military_tech thumb_downthumb_up

Good luck getting your shoes or hat to ever not smell like


May 4, 2023, 1:13 PM [ in reply to 420 ? MOAR LIKE 840, AMIRITE ? ]

skunk weed again.

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He fired everyone that wasn't needed...


May 4, 2023, 1:43 PM

There were people who were paid over $100k a year to just scroll through twitter.

Turns out there were a bunch of people who did nothing.

You think he would buy it and then not cut the fat?

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And even with that, he's losing money


May 4, 2023, 1:58 PM

Seems like a terrible investment for a genius.

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Amazon lost money for like 20 yrs***


May 4, 2023, 2:08 PM



2024 white level memberbadge-donor-10yr.jpg2005_majors_champ.jpgbadge-ringofhonor-xtiger.jpg flag link military_tech thumb_downthumb_up


I guess judging by that and all Amazon's ensuing

1

May 4, 2023, 2:14 PM

EBITDA manipulations to show "no profit", Musk must be be going in the right direction!

Every company should lose Billions!

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First of all, how does anyone know how much


May 4, 2023, 2:58 PM

Twitter is losing? It's a total private company. Unless Elon is publishing financials.

2024 white level memberbadge-donor-10yr.jpg2005_majors_champ.jpgbadge-ringofhonor-xtiger.jpg flag link military_tech thumb_downthumb_up


Well, you can believe Elon, or not I guess.

1

May 4, 2023, 3:50 PM

"The issue is like the company's going to go bankrupt if we do not cut costs immediately," Musk told BBC News in April.

"This is not a caring, uncaring situation. It's like if the whole ship sinks then nobody's got a job," he said.

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Re: Amazon lost money for like 20 yrs***


May 4, 2023, 4:40 PM [ in reply to Amazon lost money for like 20 yrs*** ]

Amazon funneled all profits (that they ever would have made) into growing the company, building DCs, etc. Bezos didn't want to make a profit (that he would pay taxes on). He wanted everything fueling growth. But the simple business model - selling stuff - was well established. (And that isn't even counting the windfall that has been Amazon web services.

Twitter is nothing like that. There is little "there" there. They have users who are good for advertisers. They sell blue check marks. That's it. Their growth was funded by VC, but the underlying business model was always dubious. And the 'service' they provide to users is completely replaceable.

2024 white level member flag link military_tech thumb_downthumb_up


Twitters biggest advantage was name recognition


May 4, 2023, 4:57 PM

It has several viable competitors now.

All of them together aren't worth $44 billion..at least to me.

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