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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
    #520

    Interesting take on how things went south - quickly.

    Put the entire thing behind a paywall?

    "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.

    AxtremusA 1 Reply Last reply
    • George KG George K

      Interesting take on how things went south - quickly.

      Put the entire thing behind a paywall?

      AxtremusA Offline
      AxtremusA Offline
      Axtremus
      wrote on last edited by Axtremus
      #521

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

      Interesting take on how things went south - quickly.

      Put the entire thing behind a paywall?

      🍿 🍿 🍿

      There is a chance that he may be doing the world a favor with this move.

      1 Reply Last reply
      • jon-nycJ Offline
        jon-nycJ Offline
        jon-nyc
        wrote on last edited by
        #522

        This is the right attitude

        Only non-witches get due process.

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

          This is the right attitude

          Doctor PhibesD Offline
          Doctor PhibesD Offline
          Doctor Phibes
          wrote on last edited by
          #523

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

          This is the right attitude

          I wouldn't think they'd be allowed to fire him?

          I was only joking

          1 Reply Last reply
          • George KG Offline
            George KG Offline
            George K
            wrote on last edited by
            #524

            "Is Musk's ownership of Twitter a threat to national security."

            Biden: "It's worth looking at."

            (Democracy picture with red background here____________________)

            "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.

            RenaudaR 1 Reply Last reply
            • CopperC Offline
              CopperC Offline
              Copper
              wrote on last edited by
              #525

              What an idiot.

              1 Reply Last reply
              • George KG George K

                "Is Musk's ownership of Twitter a threat to national security."

                Biden: "It's worth looking at."

                (Democracy picture with red background here____________________)

                RenaudaR Offline
                RenaudaR Offline
                Renauda
                wrote on last edited by
                #526

                @George-K

                Reminds me of security concerns with Armand Hammer during the Cold War. Musk, like Hammer, always managed to back himself into the public spotlight through his special relations with Kremlin bosses.

                Elbows up!

                1 Reply Last reply
                • George KG Offline
                  George KG Offline
                  George K
                  wrote on last edited by
                  #527

                  Ruh Roh...

                  "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.

                  taiwan_girlT 1 Reply Last reply
                  • Doctor PhibesD Offline
                    Doctor PhibesD Offline
                    Doctor Phibes
                    wrote on last edited by
                    #528

                    Seems like he’s trying to run a tech company like a Victorian cotton mill.

                    Somebody has blundered.

                    I was only joking

                    George KG CopperC 2 Replies Last reply
                    • Doctor PhibesD Doctor Phibes

                      Seems like he’s trying to run a tech company like a Victorian cotton mill.

                      Somebody has blundered.

                      George KG Offline
                      George KG Offline
                      George K
                      wrote on last edited by George K
                      #529

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

                      Seems like he’s trying to run a tech company like a Victorian cotton mill.

                      Somebody has blundered.

                      But, SpaceX and Tesla are, arguably, better-run. I wonder if this isn't because of the departure of many of his staff (either forced or voluntary) and advertisers.

                      ETA: Whatever happened to Boring (the company, that is)?

                      "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
                        #530

                        Well this really just comes down to him having overpaid. But I wouldn’t bet on bankruptcy now, I think he’s just trying to get people to take the issues seriously.

                        But it’s certainly a possibility. And I think his ownership is maybe 15B, with another ~15B from other sources (arab sovereign wealth funds and Larry Ellison) and another 13B from banks.

                        So he could bail on this and it would cost him <15B since equity holders would get a small piece of the reorganized Twitter.

                        Only non-witches get due process.

                        • Cotton Mather, Salem Massachusetts, 1692
                        AxtremusA 1 Reply Last reply
                        • Doctor PhibesD Doctor Phibes

                          Seems like he’s trying to run a tech company like a Victorian cotton mill.

                          Somebody has blundered.

                          CopperC Offline
                          CopperC Offline
                          Copper
                          wrote on last edited by
                          #531

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

                          Seems like he’s trying to run a tech company like a Victorian cotton mill.

                          Somebody has blundered.

                          The true believers will love it

                          The second string will hate it

                          win/win

                          Doctor PhibesD 1 Reply Last reply
                          • X Offline
                            X Offline
                            xenon
                            wrote on last edited by
                            #532

                            I'm really interested to see how this works out. I find myself rooting for Twitter... Musk is a weird, petty dude - but desire to prove he's an idiot is a bit much.

                            1 Reply Last reply
                            • CopperC Copper

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

                              Seems like he’s trying to run a tech company like a Victorian cotton mill.

                              Somebody has blundered.

                              The true believers will love it

                              The second string will hate it

                              win/win

                              Doctor PhibesD Offline
                              Doctor PhibesD Offline
                              Doctor Phibes
                              wrote on last edited by
                              #533

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

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

                              Seems like he’s trying to run a tech company like a Victorian cotton mill.

                              Somebody has blundered.

                              The true believers will love it

                              The second string will hate it

                              win/win

                              I don’t think he’s going to get the people he wants if he forces his employees to come into office.

                              The working world has changed.

                              I was only joking

                              LuFins DadL 1 Reply Last reply
                              • Doctor PhibesD Doctor Phibes

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

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

                                Seems like he’s trying to run a tech company like a Victorian cotton mill.

                                Somebody has blundered.

                                The true believers will love it

                                The second string will hate it

                                win/win

                                I don’t think he’s going to get the people he wants if he forces his employees to come into office.

                                The working world has changed.

                                LuFins DadL Offline
                                LuFins DadL Offline
                                LuFins Dad
                                wrote on last edited by
                                #534

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

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

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

                                Seems like he’s trying to run a tech company like a Victorian cotton mill.

                                Somebody has blundered.

                                The true believers will love it

                                The second string will hate it

                                win/win

                                I don’t think he’s going to get the people he wants if he forces his employees to come into office.

                                The working world has changed.

                                And another year of stacking inflation and lower employment prospects will change it again. I’m not saying it will go back to what it was, but the pendulum will swing…

                                The Brad

                                Doctor PhibesD 1 Reply Last reply
                                • LuFins DadL LuFins Dad

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

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

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

                                  Seems like he’s trying to run a tech company like a Victorian cotton mill.

                                  Somebody has blundered.

                                  The true believers will love it

                                  The second string will hate it

                                  win/win

                                  I don’t think he’s going to get the people he wants if he forces his employees to come into office.

                                  The working world has changed.

                                  And another year of stacking inflation and lower employment prospects will change it again. I’m not saying it will go back to what it was, but the pendulum will swing…

                                  Doctor PhibesD Offline
                                  Doctor PhibesD Offline
                                  Doctor Phibes
                                  wrote on last edited by Doctor Phibes
                                  #535

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

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

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

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

                                  Seems like he’s trying to run a tech company like a Victorian cotton mill.

                                  Somebody has blundered.

                                  The true believers will love it

                                  The second string will hate it

                                  win/win

                                  I don’t think he’s going to get the people he wants if he forces his employees to come into office.

                                  The working world has changed.

                                  And another year of stacking inflation and lower employment prospects will change it again. I’m not saying it will go back to what it was, but the pendulum will swing…

                                  No, I think the days of folk being told they have to come in 5 days a week are over. It was already changing before the pandemic and that accelerated the process. I work for a much more conservative company than any of the tech places and even we were slowly moving that way.

                                  I actually quite like going into the office, but more than that I like having the freedom of choice. Elon sounds like a reactionary.

                                  You can force people to do something they think is really stupid for a limited time, but not for the long haul.

                                  I was only joking

                                  CopperC 1 Reply Last reply
                                  • jon-nycJ jon-nyc

                                    Well this really just comes down to him having overpaid. But I wouldn’t bet on bankruptcy now, I think he’s just trying to get people to take the issues seriously.

                                    But it’s certainly a possibility. And I think his ownership is maybe 15B, with another ~15B from other sources (arab sovereign wealth funds and Larry Ellison) and another 13B from banks.

                                    So he could bail on this and it would cost him <15B since equity holders would get a small piece of the reorganized Twitter.

                                    AxtremusA Offline
                                    AxtremusA Offline
                                    Axtremus
                                    wrote on last edited by
                                    #536

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

                                    But I wouldn’t bet on bankruptcy now, I think he’s just trying to get people to take the issues seriously.

                                    Who would the target audience be for this “Twitter may go bankrupt” messaging? How would this work to Twitter or Musk’s advantage?

                                    jon-nycJ 1 Reply Last reply
                                    • AxtremusA Axtremus

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

                                      But I wouldn’t bet on bankruptcy now, I think he’s just trying to get people to take the issues seriously.

                                      Who would the target audience be for this “Twitter may go bankrupt” messaging? How would this work to Twitter or Musk’s advantage?

                                      jon-nycJ Offline
                                      jon-nycJ Offline
                                      jon-nyc
                                      wrote on last edited by
                                      #537

                                      @Axtremus

                                      Maybe suppliers and employees.

                                      Maybe co-investors that he might be trying to raise operating funds from.

                                      Only non-witches get due process.

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

                                        @Axtremus

                                        Maybe suppliers and employees.

                                        Maybe co-investors that he might be trying to raise operating funds from.

                                        AxtremusA Offline
                                        AxtremusA Offline
                                        Axtremus
                                        wrote on last edited by
                                        #538

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

                                        @Axtremus

                                        Maybe suppliers and employees.

                                        Maybe co-investors that he might be trying to raise operating funds from.

                                        Trying to game this out …

                                        Suppliers — telegraphing bankruptcy is more likely to get the suppliers to tighten credit and shorten payment terms, no? Not advantageous to Twitter.

                                        Employees — is the objective to get more employees to jump ship on their own (as opposed to laying them off) to save a little bit on layoff expenses? Not clear if this would be an appreciable advantageous to Twitter.

                                        Co-investors — not clear how it would help to convince investors (be it current or prospective investors) to put more money into a business that is about to go bankrupt. :man-shrugging:

                                        1 Reply Last reply
                                        • Doctor PhibesD Doctor Phibes

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

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

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

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

                                          Seems like he’s trying to run a tech company like a Victorian cotton mill.

                                          Somebody has blundered.

                                          The true believers will love it

                                          The second string will hate it

                                          win/win

                                          I don’t think he’s going to get the people he wants if he forces his employees to come into office.

                                          The working world has changed.

                                          And another year of stacking inflation and lower employment prospects will change it again. I’m not saying it will go back to what it was, but the pendulum will swing…

                                          No, I think the days of folk being told they have to come in 5 days a week are over. It was already changing before the pandemic and that accelerated the process. I work for a much more conservative company than any of the tech places and even we were slowly moving that way.

                                          I actually quite like going into the office, but more than that I like having the freedom of choice. Elon sounds like a reactionary.

                                          You can force people to do something they think is really stupid for a limited time, but not for the long haul.

                                          CopperC Offline
                                          CopperC Offline
                                          Copper
                                          wrote on last edited by
                                          #539

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

                                          No, I think the days of folk being told they have to come in 5 days a week are over.

                                          Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

                                          Doctor PhibesD 1 Reply Last reply
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