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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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  • G Offline
    G Offline
    George K
    wrote on 15 Apr 2022, 00:16 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
    • G George K
      14 Apr 2022, 23:48

      @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.

      J Offline
      J Offline
      jon-nyc
      wrote on 15 Apr 2022, 00:17 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.

      You were warned.

      G 1 Reply Last reply 15 Apr 2022, 00:19
      • J jon-nyc
        15 Apr 2022, 00:17

        @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.

        G Offline
        G Offline
        George K
        wrote on 15 Apr 2022, 00:19 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
        • J Offline
          J Offline
          jon-nyc
          wrote on 15 Apr 2022, 00:24 last edited by jon-nyc
          #152

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

          You were warned.

          G D 2 Replies Last reply 15 Apr 2022, 00:33
          • J jon-nyc
            15 Apr 2022, 00:24

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

            G Offline
            G Offline
            George K
            wrote on 15 Apr 2022, 00:33 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
            • D Doctor Phibes
              14 Apr 2022, 23:47

              @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?

              L Offline
              L Offline
              LuFins Dad
              wrote on 15 Apr 2022, 00:38 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
              • T Offline
                T Offline
                taiwan_girl
                wrote on 15 Apr 2022, 01:03 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
                • J jon-nyc
                  15 Apr 2022, 00:24

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

                  D Offline
                  D Offline
                  Doctor Phibes
                  wrote on 15 Apr 2022, 01:24 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
                  • J Offline
                    J Offline
                    Jolly
                    wrote on 15 Apr 2022, 13:03 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
                    • G Offline
                      G Offline
                      George K
                      wrote on 15 Apr 2022, 13:07 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.

                      D J 2 Replies Last reply 15 Apr 2022, 13:14
                      • G George K
                        15 Apr 2022, 13:07

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

                        D Offline
                        D Offline
                        Doctor Phibes
                        wrote on 15 Apr 2022, 13:14 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
                        • G George K
                          15 Apr 2022, 13:07

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

                          J Offline
                          J Offline
                          jon-nyc
                          wrote on 15 Apr 2022, 14:02 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.

                          You were warned.

                          G 1 Reply Last reply 15 Apr 2022, 14:05
                          • J jon-nyc
                            15 Apr 2022, 14:02

                            @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.

                            G Offline
                            G Offline
                            George K
                            wrote on 15 Apr 2022, 14:05 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
                            • D Offline
                              D Offline
                              Doctor Phibes
                              wrote on 15 Apr 2022, 14:21 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
                              • A Offline
                                A Offline
                                Axtremus
                                wrote on 15 Apr 2022, 15:14 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
                                • K Offline
                                  K Offline
                                  kluurs
                                  wrote on 15 Apr 2022, 16:44 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?

                                  A 1 Reply Last reply 15 Apr 2022, 17:15
                                  • H Offline
                                    H Offline
                                    Horace
                                    wrote on 15 Apr 2022, 16:49 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
                                    • K kluurs
                                      15 Apr 2022, 16:44

                                      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?

                                      A Offline
                                      A Offline
                                      Aqua Letifer
                                      wrote on 15 Apr 2022, 17:15 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
                                      • D Doctor Phibes
                                        14 Apr 2022, 23:47

                                        @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?

                                        L Offline
                                        L Offline
                                        LuFins Dad
                                        wrote on 15 Apr 2022, 20:45 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
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                                          xenon
                                          wrote on 16 Apr 2022, 00:18 last edited by
                                          #168

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

                                          H jodiJ A 3 Replies Last reply 16 Apr 2022, 00:56
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