Elon Musk’s Twitter takeover isn’t so bad

Walt said:
Actually, Musk has become a multi-billionaire by losing money. When he first became a multi-billionaire, he had never had a company that had an operator profit. With investments included, even today, he has never had a company that has had a real profit.

Musk has just lost $20 billion. That is one of the biggest losses in history. This is not just fine. There is a reason he desperately tried to get out of the deal, because it is a disaster.
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Not to worry, Walter.

Mr. Musk won't become homeless.

I expect that your net worth is a few hundred thousand.

Do you really, really believe your critique of a multi-billionaire is credible?
 
Earl said:
Not to worry, Walter.

Mr. Musk won't become homeless.

I expect that your net worth is a few hundred thousand.

Do you really, really believe your critique of a multi-billionaire is credible?
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You cant take it with you.
 
Let's be clear.

Walter has his shorts in a wad because Twitter will no longer censor stories like the Hunter Biden scandal.

Am I right, Walter?
 
Earl said:
Let's be clear.

Walter has his shorts in a wad because Twitter will no longer censor stories like the Hunter Biden scandal.

Am I right, Walter?
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Is this when Almost Never Right Walt finally figures out that he fucked up?

I am not optimistic.
 
Hawkeye10 said:
I am an Erotic Adventurer, into BDSM and swinging and Master/slave...no Trump would never like me....that is not the point you ignorant fuck.
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Whatever happened to living a boring life. Pick a beautiful woman who is kind to you, have a few kids, and stick with her until one of you dies of old age. I realized at a young age that was probably the healthiest, happiest life.
 
Elon Musk is buying Twitter to "help humanity" as the billionaire set out his aims for taking over the social media platform. In a tweet, Mr Musk said he didn't buy the firm "to make more money. I did it to try to help humanity, whom I love".

Such a noble deed this humanitarian has done.

Hand salute, Mr. Musk.
 
Earl said:
Elon Musk is buying Twitter to "help humanity" as the billionaire set out his aims for taking over the social media platform. In a tweet, Mr Musk said he didn't buy the firm "to make more money. I did it to try to help humanity, whom I love".

Such a noble deed this humanitarian has done.

Hand salute, Mr. Musk.
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"Dont be Evil" Google once said.

Elon says that he is going to give that idea a try.
 
Earl said:
Let's be clear.

Walter has his shorts in a wad because Twitter will no longer censor stories like the Hunter Biden scandal.

Am I right, Walter?
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You want to get your stories about Hunter Biden out in 140 character tweets? Doesn't that seem rather short?

The internet is a free-for-all, and whoever owns Twitter will not change that. Musk bought Twitter, an online ads based company that is bad at generating a profit, at a time that online ads are collapsing. This is a business mistake. It has nothing to do with politics.
 
Walt said:
Whatever happened to living a boring life. Pick a beautiful woman who is kind to you, have a few kids, and stick with her until one of you dies of old age. I realized at a young age that was probably the healthiest, happiest life.
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Walter, if you have beautiful wife who is kind to you and have children and she sticks with you til death do you part, you are not living a boring life.

You are blessed...so am I.
 
Walt said:
Musk has lost tens of billions of dollars, so it has been very bad for him.

Musk is entering a business he knows nothing about, and which is in (hopefully temporary) decline. He may well have a lot of losses in the future.

His solution? To turn Twitter, which has only been successful because it is so small, into a huge bloated "everything" app. It will work, as long as he can turn America into China with its government sponsored monopolies. I for one do not want to turn control over everything to Musk.

Thankfully, there is a simple solution. Creating a short social app is easy. Twitter owns our contact lists, but we can rebuild them. It is easier than transferring everything else in our lives to his "everything" app.

End of all this, the alt right will continue to rant that it is all about politics, but the reality is that it is all about business.
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The Operating expense of twitter is 5.5 billion. The Revenue is around 5 billion. Most of the expense of twitter is in salaries. If nothing else changes they will have an easy time becoming profitable and more as I fully expect Musk to start charging blue checkmarks for the privilege of being in twitter.

Even without Musk the Growth Valuation business model of tech companies are dead. Twitter , Salesforce, etc are all going to be cutting staff. To illustrate how dead the growth model is last year the IPOs generated 917 billion. This year it generated 9 billion. People are investing in companies that make actual profits now.

I predict that in 2-3 years Musk can sell twitter at a good profit.
 
Primavera said:
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The Progressives have always considered Twitter to their personal plaything which explains why the bedwetters have been beside themselves with grief and emotional incontinence over the Musk takeover.

Elon Musk’s Twitter takeover isn’t so bad
28 October 2022, 3:33pm

It’s finally happened. After months of legal wrangling, Twitter has fallen. All hail King Elon; the 'bird is freed'. The executives running the show have been defenestrated, including CEO Parag Agrawal and head of safety Vijaya Gadda. Around the virtual watering hole, skittish packs of activists watch nervously as the ground shakes; Donald Trump, the biggest of the Twitter big beasts is set to make his return. And isn’t the wailing glorious? Well yes, but.

Basing your politics around things your opponents dislike is a trap that it’s easy to fall into. Conservatism is not a negative image of progressivism, but an alternative philosophical perspective with its own positive vision of what the world should look like. A movement based only in reaction to a cause will find itself defined by it, unable to escape the ideological limitations that that imposes, and doomed to failure.

With all that said, the hyperbole surrounding the takeover has been staggering. 'It’s like the gates of hell opened on this site tonight,' was the verdict of the Washington Post's Taylor Lorenz. 'A Musk-owned Twitter could be disastrous for women and marginalised communities already facing abuse and targeted harassment on the platform,' said Christopher Bouzy of Bot Sentinel, a bot-detection system.

In light of this reaction, it’s worth stepping back and remembering just how modest the goals set by Musk actually are. Musk believes that Twitter should serve as 'a common digital town square', where debate flourishes between left and right, bringing people together to discuss matters of interest. This doesn’t mean a conversation entirely unmoderated ('a free-for-all hellscape', in Musk’s words). It doesn’t mean turning the website over to the right of politics only; that would defeat the entire point of a digital town square. There are already right- or left-only apps which provide that service. All Musk is proposing is that Twitter takes its thumb off the scale. And that is exactly why some progressives are furious.

The view among some of those on the left when it comes to Twitter has long been contradictory. At the same time, it was just another private company quite entitled to ban anyone it liked and censor speech as it saw fit, and also a vital part of our democracy unique in its ability to shape political discourse. That these two concepts fit together poorly was not a problem, so long as the bans and censorship happened to favour shaping that discourse in ways helpful to the progressive project. If Musk manages to reshape the platform as he likes, then this advantage will be taken away. Progressive ideas will have to engage with criticism without being able to simply silence arguments they find too difficult to deal with.

That is, unless they can find another way. Deprived of the ability to outsource censorship to Silicon Valley, politicians may simply smuggle it into domestic law. Britain’s own Online Safety Bill – with its ‘harmful but legal’ provisions and attempt to ban ‘psychological harm’ – is just one example of the many ways in which even supposedly conservative governments can find themselves locking in progressive values.

This political battle is likely to prove a far harder challenge than reshaping Twitter’s internal culture. Thierry Breton, European Commissioner for the Internal Market, responded to Elon’s announcement by reminding him that 'in Europe, the bird will fly by our (EU) rules', referencing new laws intended to ban misinformation, hate speech, and extremism – and exercise a vast and chilling effect on discourse in the process. If Musk is serious about his Digital Commons, his next step may have to be a more overt attempt to influence politics.

https://www.spectator.co.uk/article/elon-musk-s-twitter-takeover-isn-t-so-bad
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musk-owns-twitter.png
 
Earl said:
Elon Musk is buying Twitter to "help humanity" as the billionaire set out his aims for taking over the social media platform. In a tweet, Mr Musk said he didn't buy the firm "to make more money. I did it to try to help humanity, whom I love".

Such a noble deed this humanitarian has done.

Hand salute, Mr. Musk.
Click to expand...

That is one way to spin a huge business loss. Ford should have thought of that when he created the Edsel. "I made a complete failure of a car model to help humanity." Or we could have, "I crashed the Titanic into an iceberg to help humanity."

There is a reason Musk did everything he could to get out of this, because it turned out to be a huge business mistake.
 
Walt said:
You want to get your stories about Hunter Biden out in 140 character tweets? Doesn't that seem rather short?

The internet is a free-for-all, and whoever owns Twitter will not change that. Musk bought Twitter, an online ads based company that is bad at generating a profit, at a time that online ads are collapsing. This is a business mistake. It has nothing to do with politics.
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Well, no, Walter, Twitter has seen a change of Biblical proportions.

All points of view will be allowed, no more censorship of news that is bad for Biden and his far left loons that support him.

That's why you are so angry, Walter.
 
tsuke said:
The Operating expense of twitter is 5.5 billion. The Revenue is around 5 billion. Most of the expense of twitter is in salaries. If nothing else changes they will have an easy time becoming profitable and more as I fully expect Musk to start charging blue checkmarks for the privilege of being in twitter.

Even without Musk the Growth Valuation business model of tech companies are dead. Twitter , Salesforce, etc are all going to be cutting staff. To illustrate how dead the growth model is last year the IPOs generated 917 billion. This year it generated 9 billion. People are investing in companies that make actual profits now.

I predict that in 2-3 years Musk can sell twitter at a good profit.
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The Revolution is going to crucify Elon Musk.

But I support him.
 
Elon Musk, who finally acquired Twitter for $44bn and left people wondering how rich he would be now, is still the world's richest person with a current net worth of $212bn.

Walter, can you match that net worth?
 
Earl said:
Elon Musk, who finally acquired Twitter for $44bn and left people wondering how rich he would be now, is still the world's richest person with a current net worth of $212bn.

Walter, can you match that net worth?
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As Ye has learned wealth can be evaporated rapidly once one defies the Failed Elite Class.
 
Walter, don't allow fear to overcome you.

In a Constitutional Republic like ours, open debate with all sides represented is like sunshine on a cloudy day.

You do agree, don't you, Walter?
 
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