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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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  • 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
                                • George KG Offline
                                  George KG Offline
                                  George K
                                  wrote on last edited by
                                  #169

                                  LOL...

                                  "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
                                  • X xenon

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

                                    HoraceH Offline
                                    HoraceH Offline
                                    Horace
                                    wrote on last edited by
                                    #170

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

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

                                    Well, I disagree that it was a great thread. "Be nice to each other and there would be no censorship" is not exactly a deep insight.

                                    Education is extremely important.

                                    X 1 Reply Last reply
                                    • X xenon

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

                                      jodiJ Offline
                                      jodiJ Offline
                                      jodi
                                      wrote on last edited by
                                      #171

                                      @xenon that was a good thread, thanks for linking to it.

                                      1 Reply Last reply
                                      • HoraceH Horace

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

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

                                        Well, I disagree that it was a great thread. "Be nice to each other and there would be no censorship" is not exactly a deep insight.

                                        X Offline
                                        X Offline
                                        xenon
                                        wrote on last edited by xenon
                                        #172

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

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

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

                                        Well, I disagree that it was a great thread. "Be nice to each other and there would be no censorship" is not exactly a deep insight.

                                        I thought it was pretty neat to hear how someone who has had to deal with the worst of user-generated internet content thinks about it.

                                        Reddit has real racists, terrorists, doxers, pedophiles, sex traffickers, etc. on the site. It’s been an experiment in free speech meets the mainstream for over a decade now.

                                        And his basic point isn’t that trivial “people online are assholes and can’t have nice things” (free speech). Very debatable, but not trivial.

                                        HoraceH 1 Reply Last reply
                                        • X xenon

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

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

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

                                          Well, I disagree that it was a great thread. "Be nice to each other and there would be no censorship" is not exactly a deep insight.

                                          I thought it was pretty neat to hear how someone who has had to deal with the worst of user-generated internet content thinks about it.

                                          Reddit has real racists, terrorists, doxers, pedophiles, sex traffickers, etc. on the site. It’s been an experiment in free speech meets the mainstream for over a decade now.

                                          And his basic point isn’t that trivial “people online are assholes and can’t have nice things” (free speech). Very debatable, but not trivial.

                                          HoraceH Offline
                                          HoraceH Offline
                                          Horace
                                          wrote on last edited by Horace
                                          #173

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

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

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

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

                                          Well, I disagree that it was a great thread. "Be nice to each other and there would be no censorship" is not exactly a deep insight.

                                          I thought it was pretty neat to hear how someone who has had to deal with the worst of user-generated internet content thinks about it.

                                          Reddit has real racists, terrorists, doxers, pedophiles, sex traffickers, etc. on the site. It’s been an experiment in free speech meets the mainstream for over a decade now.

                                          And his basic point isn’t that trivial “people online are assholes and can’t have nice things” (free speech). Very debatable, but not trivial.

                                          I get that he has relevant life experience, but I went searching through the thread for anything resembling a useful idea or insight into moderation practices and came up empty. Then his example of Elon being a late buyer of Bitcoin and thus ignorant of internet culture was just stupid. That’s when I started sniffing a poser staking a claim to an expertise that doesn’t in this case result in any useful insights. It happens. He was, after all, selling something.

                                          Education is extremely important.

                                          X 1 Reply Last reply
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