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The New Coffee Room

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  3. Elon Musk buys a big chunk of Twitter

Elon Musk buys a big chunk of Twitter

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  • George KG Offline
    George KG Offline
    George K
    wrote on last edited by
    #149

    Screen Shot 2022-04-14 at 7.14.44 PM.png

    And some rando....

    Screen Shot 2022-04-14 at 7.15.47 PM.png

    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

    1 Reply Last reply
    • George KG George K

      @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

      Didn’t somebody try that already?

      Yup. And as I posted earlier, Musk made an offer to buy that platform as well for $28.

      Not $28 billion. $28 dollars.

      jon-nycJ Offline
      jon-nycJ Offline
      jon-nyc
      wrote on last edited by
      #150

      @George-K said in Elon Musk buys a big chunk of Twitter:

      @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

      Didn’t somebody try that already?

      Yup. And as I posted earlier, Musk made an offer to buy that platform as well for $28.

      Not $28 billion. $28 dollars.

      Really? He offered to buy Truth Social for $28? That’s an epic troll.

      Only non-witches get due process.

      • Cotton Mather, Salem Massachusetts, 1692
      George KG 1 Reply Last reply
      • jon-nycJ jon-nyc

        @George-K said in Elon Musk buys a big chunk of Twitter:

        @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

        Didn’t somebody try that already?

        Yup. And as I posted earlier, Musk made an offer to buy that platform as well for $28.

        Not $28 billion. $28 dollars.

        Really? He offered to buy Truth Social for $28? That’s an epic troll.

        George KG Offline
        George KG Offline
        George K
        wrote on last edited by
        #151

        @jon-nyc said in Elon Musk buys a big chunk of Twitter:

        Really? He offered to buy Truth Social for $28? That’s an epic troll.

        No..he really didn't. It was a jab at CNN+.

        It has fewer subscribers than Truth Social.

        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

        1 Reply Last reply
        • jon-nycJ Offline
          jon-nycJ Offline
          jon-nyc
          wrote on last edited by jon-nyc
          #152

          But it’s not a social media platform, is it?

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          George KG Doctor PhibesD 2 Replies Last reply
          • jon-nycJ jon-nyc

            But it’s not a social media platform, is it?

            George KG Offline
            George KG Offline
            George K
            wrote on last edited by
            #153

            @jon-nyc no, and Phibes didn't explicitly say that.

            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

            1 Reply Last reply
            • Doctor PhibesD Doctor Phibes

              @LuFins-Dad said in Elon Musk buys a big chunk of Twitter:

              It’s a setup. My guess? He’s already got a new platform ready to roll out next month.

              Didn’t somebody try that already?

              LuFins DadL Offline
              LuFins DadL Offline
              LuFins Dad
              wrote on last edited by
              #154

              @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

              @LuFins-Dad said in Elon Musk buys a big chunk of Twitter:

              It’s a setup. My guess? He’s already got a new platform ready to roll out next month.

              Didn’t somebody try that already?

              I’m pretty sure people tried building electric cars and satellites before, too.

              The Brad

              1 Reply Last reply
              • taiwan_girlT Offline
                taiwan_girlT Offline
                taiwan_girl
                wrote on last edited by
                #155

                He is just looking to drive up the price, and then sell, making a big profit for himself.

                I just dont see him following through on buying Twitter.

                1 Reply Last reply
                • jon-nycJ jon-nyc

                  But it’s not a social media platform, is it?

                  Doctor PhibesD Offline
                  Doctor PhibesD Offline
                  Doctor Phibes
                  wrote on last edited by
                  #156

                  @jon-nyc said in Elon Musk buys a big chunk of Twitter:

                  But it’s not a social media platform, is it?

                  To be fair, neither is Truth Social.

                  I was only joking

                  1 Reply Last reply
                  • JollyJ Offline
                    JollyJ Offline
                    Jolly
                    wrote on last edited by
                    #157

                    Just a thought...Is some of the screaming from the folks at Twitter from fear that it will become public how many voices were silenced and how actively the agenda was pursued within the company?

                    “Cry havoc and let slip the DOGE of war!”

                    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                    1 Reply Last reply
                    • George KG Offline
                      George KG Offline
                      George K
                      wrote on last edited by
                      #158

                      As I posted earlier, the voices screaming about billionaires buying media companies are silent about Bezos, Bloomberg, et. al.

                      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                      Doctor PhibesD jon-nycJ 2 Replies Last reply
                      • George KG George K

                        As I posted earlier, the voices screaming about billionaires buying media companies are silent about Bezos, Bloomberg, et. al.

                        Doctor PhibesD Offline
                        Doctor PhibesD Offline
                        Doctor Phibes
                        wrote on last edited by
                        #159

                        @George-K said in Elon Musk buys a big chunk of Twitter:

                        As I posted earlier, the voices screaming about billionaires buying media companies are silent about Bezos, Bloomberg, et. al.

                        I'm quietly hoping for a counter-offer from George Soros.

                        I was only joking

                        1 Reply Last reply
                        • George KG George K

                          As I posted earlier, the voices screaming about billionaires buying media companies are silent about Bezos, Bloomberg, et. al.

                          jon-nycJ Offline
                          jon-nycJ Offline
                          jon-nyc
                          wrote on last edited by
                          #160

                          @George-K said in Elon Musk buys a big chunk of Twitter:

                          As I posted earlier, the voices screaming about billionaires buying media companies are silent about Bezos, Bloomberg, et. al.

                          I’m fairness Bloomberg built his media empire from scratch.

                          Only non-witches get due process.

                          • Cotton Mather, Salem Massachusetts, 1692
                          George KG 1 Reply Last reply
                          • jon-nycJ jon-nyc

                            @George-K said in Elon Musk buys a big chunk of Twitter:

                            As I posted earlier, the voices screaming about billionaires buying media companies are silent about Bezos, Bloomberg, et. al.

                            I’m fairness Bloomberg built his media empire from scratch.

                            George KG Offline
                            George KG Offline
                            George K
                            wrote on last edited by
                            #161

                            @jon-nyc said in Elon Musk buys a big chunk of Twitter:

                            @George-K said in Elon Musk buys a big chunk of Twitter:

                            As I posted earlier, the voices screaming about billionaires buying media companies are silent about Bezos, Bloomberg, et. al.

                            I’m fairness Bloomberg built his media empire from scratch.

                            OK, true.

                            Perhaps I should have said "owning media companies."

                            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                            1 Reply Last reply
                            • Doctor PhibesD Offline
                              Doctor PhibesD Offline
                              Doctor Phibes
                              wrote on last edited by
                              #162

                              The lefties I know freaking hate Jeff Bezos.

                              He's the billionaire equivalent of the "nice guy" who sends weird, possessive texts after a couple of dates.

                              I was only joking

                              1 Reply Last reply
                              • AxtremusA Offline
                                AxtremusA Offline
                                Axtremus
                                wrote on last edited by
                                #163

                                https://www.cnbc.com/2022/04/15/elon-musks-twitter-bid-faces-major-skepticism-on-wall-street-.html

                                Reactions one day after Musk offered to buy out Twitter - not good, Twitter stock fell, presumably because most investors do not believe that Musk's offer is credible.

                                Also came across an analysis on Tesla, presumably the only money-generating asset Musk can rely on to finance his Twitter buyout:

                                https://www.forbes.com/sites/greatspeculations/2022/04/15/is-the-end-near-for-tesla-and-other-meme-stocks/?sh=4e283ee02cc8

                                Short version is the author thinks Tesla has many problems and its stock may be ready to fall hard.

                                1 Reply Last reply
                                • kluursK Offline
                                  kluursK Offline
                                  kluurs
                                  wrote on last edited by
                                  #164

                                  I'm not an expert on Twitter but back in the day, I remember it not being valued as all that much because it couldn't be monetized (i.e. hate that word - can't make money off of it). Has that changed? If Elon makes it better, does he have a way of earning anything off of his investment?

                                  Aqua LetiferA 1 Reply Last reply
                                  • HoraceH Offline
                                    HoraceH Offline
                                    Horace
                                    wrote on last edited by
                                    #165

                                    It already has been monetized. It’s not as if it has no meaningful revenues. The fact that it is not always profitable quarter to quarter is just a matter of capital allocation. Amazon was unprofitable forever too.

                                    Education is extremely important.

                                    1 Reply Last reply
                                    • kluursK kluurs

                                      I'm not an expert on Twitter but back in the day, I remember it not being valued as all that much because it couldn't be monetized (i.e. hate that word - can't make money off of it). Has that changed? If Elon makes it better, does he have a way of earning anything off of his investment?

                                      Aqua LetiferA Offline
                                      Aqua LetiferA Offline
                                      Aqua Letifer
                                      wrote on last edited by
                                      #166

                                      @kluurs said in Elon Musk buys a big chunk of Twitter:

                                      I'm not an expert on Twitter but back in the day, I remember it not being valued as all that much because it couldn't be monetized (i.e. hate that word - can't make money off of it). Has that changed? If Elon makes it better, does he have a way of earning anything off of his investment?

                                      Twitter ad buys are decent, yeah.

                                      Please love yourself.

                                      1 Reply Last reply
                                      • Doctor PhibesD Doctor Phibes

                                        @LuFins-Dad said in Elon Musk buys a big chunk of Twitter:

                                        It’s a setup. My guess? He’s already got a new platform ready to roll out next month.

                                        Didn’t somebody try that already?

                                        LuFins DadL Offline
                                        LuFins DadL Offline
                                        LuFins Dad
                                        wrote on last edited by
                                        #167

                                        @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                                        @LuFins-Dad said in Elon Musk buys a big chunk of Twitter:

                                        It’s a setup. My guess? He’s already got a new platform ready to roll out next month.

                                        Didn’t somebody try that already?

                                        Plan B

                                        https://www.cnbc.com/2022/04/14/elon-musk-not-sure-hell-be-able-to-buy-twitter.html

                                        The Brad

                                        1 Reply Last reply
                                        • X Offline
                                          X Offline
                                          xenon
                                          wrote on last edited by
                                          #168

                                          Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

                                          HoraceH jodiJ AxtremusA 3 Replies Last reply
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