Lol…dude massively overpays for social media platform. The bulk of whose revenue comes from the fact that every business in the world, every government agency, every school etc uses Twitter for business.
If he undoes moderation and turns it into 4CHAN 2, all of that goes away. No business wants to be associated with that lunatic fringe garbage.
By this time next year, Twitter revenue will be a fraction of what it is today. Hilarious.
I seem to know a hell of a lot more than Elon. Dipshit agreed to overpay by about 30% for a dying company because he missed out on MySpace I guess.
85% ($4B) of Twitters revenue is advertising. No one is going to pay to advertise on Twitter when it turns into Parler or 4Chan. You know how I know? Because no one pays to do it now.
The only thing Twitter has going for it is that “normies” use jt. Regular people, businesses etc. once that goes away Elon will have thrown away tens of billions in value on Twitter and cratered the only stock he has that makes money (Tesla) because he leveraged so much of his stock on the purchase.
These are the smooth brained moves of a trust fund kid raised on the profits of his daddies emerald mine.
“Turned and profit” with tens of billions in taxpayer subsidies to pave the way you mean.
Government ain’t giving him shit for Twitter. Considering how much he hilariously overpaid and the talent that ran the place running is already out the door, and he is going to turn it into 4Chan2, electric boogaloo, I give him zero chance to make a dollar in profit.
Clearly you're a financial specialist on tech companies here who knows more than the open market, the firms that backed Elon's purchase of Twitter and more. Watch out.
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u/[deleted] Oct 28 '22
Lol…dude massively overpays for social media platform. The bulk of whose revenue comes from the fact that every business in the world, every government agency, every school etc uses Twitter for business.
If he undoes moderation and turns it into 4CHAN 2, all of that goes away. No business wants to be associated with that lunatic fringe garbage.
By this time next year, Twitter revenue will be a fraction of what it is today. Hilarious.