The downfall of Twitter

[Stadler]

Not going to blow up the funny thread, since it is, well, funny, but since the three examples are all Twitter I'll post here:

It makes me sad how many people are seemingly so insecure they have to troll for compliments from strangers on the interwebs.  Of course that's their prerogative, and it's a better outcome than some of them, but it's still a sign that something is desperately, tragically wrong.

Well, I'll go a bit further and just general trolling on the internet.  It's sad. Like on my youtube channel people sometimes say really mean things.  And I just have to ask, why? And the only thing I can think of is it's for the attention.

I watched a documentary about Hunter Moore the other night.   I mean, it was bad for what it was, and as disgusting and disturbing as it was, I couldn't help thinking throughout that it was such a colossal waste of time and resources. 

[ProfessorPeart]

https://www.businessinsider.com/twitter-automatically-responds-to-press-emails-with-a-poop-emoji-2023-3?

[Adami]

https://www.businessinsider.com/twitter-automatically-responds-to-press-emails-with-a-poop-emoji-2023-3?

On the one hand, that’s incredibly immature, stupid, unprofessional and bad for Twitter. On the other hand it’s pretty funny.

[XJDenton]

On the one hand, that’s incredibly immature, stupid, unprofessional and bad for Twitter. On the other hand it’s pretty funny.

Indeed. Might be the first time musk was actually funny.

[Dublagent66]

Saw a headline in some news feed a few days ago about Musk saying that Twitter is worth less than half of what he paid?  Not sure if that's true or not, but can't imagine the richest dude in the world getting screwed out of billions.

[cramx3]

Saw a headline in some news feed a few days ago about Musk saying that Twitter is worth less than half of what he paid?  Not sure if that's true or not, but can't imagine the richest dude in the world getting screwed out of billions.

I don't think this is news though.  I think he knew he over paid going in and actually tried to get out of the deal.  Maybe he didn't realize how much he over paid though.

[MinistroRaven]

Saw a headline in some news feed a few days ago about Musk saying that Twitter is worth less than half of what he paid?  Not sure if that's true or not, but can't imagine the richest dude in the world getting screwed out of billions.

I saw that headline too and I'm not quite sure what to make of it either. It's hard to imagine someone as wealthy as Elon Musk getting screwed out of billions of dollars, but stranger things have happened.

I think it's important to remember that headlines can be misleading or not tell the whole story. It's possible that Musk's comment was taken out of context or there's more to the story than we know.

Either way, it'll be interesting to see how this develops and what happens with Twitter's value in the future.

[hefdaddy42]

Saw a headline in some news feed a few days ago about Musk saying that Twitter is worth less than half of what he paid?  Not sure if that's true or not, but can't imagine the richest dude in the world getting screwed out of billions.

I saw that headline too and I'm not quite sure what to make of it either. It's hard to imagine someone as wealthy as Elon Musk getting screwed out of billions of dollars, but stranger things have happened.

Why?  Who else can get screwed out of billions of dollars?

[Vmadera00]

Yeah, not hard to believe that it is true.

If he really paid above market value, then surrounding all the drama he lost a bunch of sponsors and advertisement contracts, It's not hard to see that its value decreased. Maybe not by half, but certainly not worth the same it was 5-6 months ago.

[Skeever]

History is full of "emperor wears no clothes" moments.

And anyway, isn't a lot of Musk's net worth kind of theoretical? A lot of it could be, for example, value of TSLA stock, which has tanked since the ridiculous IPO.

Also, if I'm Musk, I'm not necessarily hurt over spinning some of my funds into a company that, while perhaps not worth what I paid for it, still happens to be a real company that now belongs to me, and not just value on a ledger that ebbs and flows with the value of a company I'm no longer directly in control over.

I guess where I stand is that, sure, he could have overpaid for it, but that doesn't mean he's not going to make money from it, or that it was necessarily a bad place to put his money. Time will tell. It does not seem like anyone's giving up twitter anytime soon.   

[cramx3]

History is full of "emperor wears no clothes" moments.

And anyway, isn't a lot of Musk's net worth kind of theoretical? A lot of it could be, for example, value of TSLA stock, which has tanked since the ridiculous IPO.

Also, if I'm Musk, I'm not necessarily hurt over spinning some of my funds into a company that, while perhaps not worth what I paid for it, still happens to be a real company that now belongs to me, and not just value on a ledger that ebbs and flows with the value of a company I'm no longer directly in control over.

I guess where I stand is that, sure, he could have overpaid for it, but that doesn't mean he's not going to make money from it, or that it was necessarily a bad place to put his money. Time will tell. It does not seem like anyone's giving up twitter anytime soon.

Also he can power trip with it.  Definitely some value there for him above the actual price.

And as for the bolded, yeah. I feel like there's been some algorithm changes that I'm not happy about (I feel like I only see a small % of my followers tweets with any regularity) but it's mostly been the same experience for me. When the old blue check marks go, I do wonder if that will have any impact.  Probably not for me, but maybe for some.