Elon Musk
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- mg330
Explain like I'm 5:
Why did Musk HAVE to buy Twitter at all? I keep seeing articles saying that he had to go through with the purchase. WHY?
- My guess is power and influence. Twitter is a huge platform for influence in general, and it gives him power by owning it and all that data. My 2cmonospaced
- 1) I sign a legally binding contract/agreement to purchase Twitter. 2) He faced multiple lawsuits 3) His child like ego made him do it 4) He's a cuntutopian
- He can control the flow of (mis)information on a global level which is exactly what narcissistic rich losers live for.monospaced
- But he didn’t have to buy it. He doesn’t have to do any of this.monospaced
- Oh right. Yes, he made the offer. It influenced the shareholders. He’s responsible for going through because of what it did to the bottom line I think.monospaced
- 1) He bought a 9% stake in twitter initially which got him a seat on the Board of Directorsjonny_quest_lives
- Board of Directors Terms would limit him from amassing more ownership shares during his tenure so he opted not to accept a Board Seatjonny_quest_lives
- timing gets fuzzy cuz it was like a matter of weeks but he offered to buy twitter at $54.20 a share in cashjonny_quest_lives
- people speculated he made the offer hoping to get investor backing... Twitter Board sensing weakness as welljonny_quest_lives
- as it was an overvalued offer especially based on their own revenue metrics accepted as it was a no brainer at that pricejonny_quest_lives
- so they locked him in a poison pill scenario... he waved due diligence for some weird reasonjonny_quest_lives
- no backing materialized post Twitter accepting or if it did it fell apart because Elon said he was pausing the deal cuz of bots to user ratiojonny_quest_lives
- elon was always on the hook for 50% of the dealjonny_quest_lives
- Twitter stock tanked cuz of the shenanigans on Elon's part $54.20 per share is much better than $38 the twitter board approves the offer because as some wouldjonny_quest_lives
- say in this channel "business is business" elon at this point has to conclude the deal or pay $1billion to opt out or try to wiggle out of the deal in courtjonny_quest_lives
- Elon's going to be Elon... but his lawyer's eventually get through to him so he decides to go through with the deal. largely because he found some silentjonny_quest_lives
- partners one of which is Saudi Prince Alwaleed.jonny_quest_lives
- So Elon and his group of like minded friends plan is to restructure, go private, blacbox the finacials for a few years than dump Elon's new Broken Birdjonny_quest_lives
- on another group of suckers via IPO on the stock market in a few years... Now the Jury's out if this will work or not but we shall see.jonny_quest_lives
- Elon Musk beat out the next highest offer which was $0nb
- He got power and money drunk when Tesla was at all time highs and markets going up crazy. When it tanked he started to realize he made a stupid expensive offerNBQ00
- sounds like a dare he couldn't back outpango
- He didn’t. He made offer out of nowhere, then signed a contract where he agreed that if he backs out he pays them a huge fee for wasted time.nb
- He changed his mind and wanted special treatment: to be allowed to back out without paying the fee he agreed to pay.nb
- He chose to buy it instead of losing the cancellation fee. The world’s richest man was not forced to buy a company. It’s absurd.nb
- Why don't you ask him directly on twitter?
Instead of wildly guessinggrafician - stfumonospaced
- Nobody has to guess.monospaced
- scarabin0
- alpha male.. bunga bunganeverscared
- Did he lose weight?drgs
- shapesalad-1
Is it not possible for the twitter staff to leave, borrow some cash, and make an alternative twitter?
There's plenty of 'twitter-like' apps on those learn to code courses, can't be that hard... a bit of ruby on rails, react and an AWS server.
A catchy logo/brand name... and here's something novel - they could even try to make a return on the investment! Right?
- Sure. Trump did it lolmonospaced
- If they knock it out over the weekend they won't even have to miss a day at work.Fax_Benson
- lol, why keep on 50% of your workforce if it's not that deep?hotroddy
- All social platforms have a lifespan. We're seeing that with Meta now. Maybe Musk saves Twitter, maybe it's like everyone that tried to save MySpace.formed
- But yeah, there are already new ones emerging. Like many, I am just exhausted with them all, just like politics. Let'em die.formed
- QBN will outlive them all!! Honestly, I'd donate some to keep this alive and give the devs a little reward. It's remarkable it's been going for over 20 years.formed
- I mean, what could it cost - $10?bumdrizzle
- PhanLo-1
- Uh oh, if he starts whining too it's gonna get bad. Just shut up, Mr. Musk, get shit done and people will evaluate then.formed
- Keep whining and you'll dig Twitter's grave before it even starts.formed
- Just have to see what the free market thinks about the daft cuntPhanLo
- https://imgflip.com/…jonny_quest_lives
- He gets worse with every day.instrmntl
- instrmntl-2
If anyone is looking to see how Depublicans will run things, Elons Twitter tenure has so far been a pretty good example.
- Republicans*instrmntl
- *looks at inflation figures*zardoz
- *GLOBAL inflation figures*bulletfactory
- neverscared3
so he brought that sink into twitter hq on his first day to sink the companny....makes sense...genius.
- nbq0
https://twitter.com/carter_andre…
I can admit when I'm wrong and I was wrong about @elonmusk.
No one was more skeptical than I - but his decisions this week have shown he really *can* put a social network on the path to unprecedented success.
Specifically Mastodon.
- grafician0
"Elon Musk says Twitter employees who were sacked were given three months of severance, which he says is '50% more than legally required'."
- https://twitter.com/…grafician
- So all this fuss about these layoffs are genuine care for the employees or just simply hating Elon Musk?grafician
- Internet drama.palimpsest
- well they get laid off because he bought overpriced and loses adverstising because hof him... would not have happend otherwise pfizer. vw. monte, audi all outneverscared
- https://www.theguard… no doubt hey dont want far right winger mongers next to their adneverscared
- i doubt they would have got fired under the former ceo...neverscared
- drgs4
Apparently Twitter is losing 4M per day and has billions in debt. At some point all of those people would be fired. What's with the witch hunt?
Why are twitter employees sacred all of a sudden?
- Twitter losing 4M/day (if that is indeed true, I don't trust Elon to be truthy) is kind of an own goal on his part.Continuity
- They're not. People just hate on Elon Musk for various reasons and he is very vocal. Internet drama as palimpsest said...grafician
- For once graf is right. It’s not about sacred employees. People hate on Elon for various reasons, most of which are completely warranted reasons to hate someonenb
- Quick reminder that this whole idea came from Elon. Twitter was a public company and he didn’t like that so he bought the whole thing so he could control itnb
- But it would have been far more costly to buy a controlling share. So he came up with this deal on his own. His intent is to use his billions to purchase the...nb
- ... town square so he can control what people are saying about any topic h me wants to control. He’s a rich prick throwing his money around.nb
- twitter was a public company, Elon didn’t want that. No one forced him to buy it! But he plays the victim & is now ruining lives because of his dumb mistakenb
- i dont like him because he is a loud mouth republican... completetley unhinged since a few years...i think since he started taking drugs with grimes he seemsneverscared
- whacko.... probably because he started to dive into an alternative lifestyle girl too late in his life which u normal do in your twenties...neverscared
- It's hilarious how you all liked him until he turned red...though really, he just stayed the same and you blues shifted so fucking far left.MondoMorphic
- @mondo that's a broad brush. eLoN aligns more politically with libertarianism like most silicon valley tech entrepreneurs. As such I never liked him.jonny_quest_lives
- Libertarianism is truly a special form of political ideology for a truly special form of white privileged asshole.jonny_quest_lives
- If you don't think he should end world hunger you're a fanboy, racist, Trump supporter, AOC hater & misogynist.palimpsest
- Twitter will die... I still feel bad for the employees as really aren't we all just cogs in the machine in the end. Yet people in this take delight in thejonny_quest_lives
- Misfortune of those laid off as if they are winning at something in life out of all this.jonny_quest_lives
- I've heard "snowflake" used yesterday here and now " you blues shifted so fucking far left. As if those things mean anything to mejonny_quest_lives
- I sometimes imagine the people who actually write that type of shit sitting in a Russian troll farm going down their hit list of incendiary phrases.jonny_quest_lives
- https://m.media-amaz…jonny_quest_lives
- Just going to bookend this thread with @continuity comment because it was by far the best before the red blue drivel.jonny_quest_lives
- "Twitter losing 4M/day (if that is indeed true, I don't trust Elon to be truthy) is kind of an own goal on his part."
@Continuityjonny_quest_lives - The witch hunt is because all the liberals don't like Musk since he became a Republican.MondoMorphic
- jonny_quest_lives you're probably pretty close to being right, re. Musk's libertarianism.MondoMorphic
- I'm just sorry Twitter has been de-listed from the markets, now. 1 000 € in a leveraged short, and I wouldn't have to work for two years after the dust settled.Continuity
- I never liked him. How could you after he called the guy who saved those Thai boys a pedo just because the guy saved them before he could. Cunt.mathinc
- PhanLo1
- Is it that easy to set up a political party here in the UK? Madness.Ianbolton
- It must be fairly easy to do with the bucket head guy. I mean wanting affordable housing for all is cool, but just from the design and flags alone you know.PhanLo
- The rhetoric about immigrants doesn’t sit right with me. Farage claimed leaving the EU would sort this out as he hates the idea of living next door to RumaniansIanbolton
- nb3
Audi and GM have removed ads and won’t buy new ads from the Tesla CEO’s new website.
Tesla CEO’s response: “waaaah look how activists are ruining free speech!”
- Btw Elon’s first change: when you load the feed in the app, you always see an ad FIRST before the feed.nb
- ElOn iS a PrOdUcT ViSiOnArYnb
- That's their choice though. Still not sure how a somewhat-autistic guy is going to make free speech easier. But I like the guy's ambitionIanbolton
- Is this not capitalism at work? Is this not the free market deciding winners and losers? Is this not free speech at work?jonny_quest_lives
- Advertisers deciding to wait for the dust settle post eLOn acquisition seems like a prudent marketing strategy to me.jonny_quest_lives
- Just sucks that the twitter employee count has to foot the bill for EloN's new interest debt on his acquisition financing.jonny_quest_lives
- I still think we live in the shittiest timeline... @PhanLo mentioned it was a modern squid game/climbing for dollars.jonny_quest_lives
- here is some more context around elOn's advertising "activists" https://twitter.com/…jonny_quest_lives
- https://www.platform…jonny_quest_lives
- crazy how free speech is a partisan issue.zardoz
- Conservative / Republican free speech is “I’m free to say what I want, not you”. They believe the loudest voice wins. Respect and logic be damned.imbecile
- Their hypocrisy is palpable, like a decaying corpse, and yet people still lap it up.formed
- Hello! Is it tribalism you're looking for?grafician
- Hey @nb you see an ad first on instagram now too, coincidence?!grafician
- yes, instagram is also dying and the extra ad sales are an attempt to milk the last bit of money out of the user basenb
- I have a friend who is very high up at IG and the stories he tells me are intense. It’s dying, they know it, are trying to be TikTok but it’s too late.nb
- It will never completely die. (Just think, MySpace is still around!) But the writing is on the wall for IG. You see it get worse. Worse content, more ads, etc.nb
- myspace is still around? lolpango
- Yes MySpace is still a website with usersnb
- It’s not related to the old website except for the name tho.monospaced
- NBQ000
- God, I hate when this guy's vids come into my orbit. He does the fake deep voice thing that AEs and producers really beg people not to do.garbage
- We can add some baritone in post, but this sort of enunciation is balls.
That said, he's not wrong. He's just infamously bad on his vocals.garbage - Just how his voice is, don’t think he’s faking it.NBQ00
- instrmntl0
Twitter will ban impersonators, Elon Musk says, as users flock to take his name
After the announcement by Elon Musk, several accounts that had changed their name to his appeared to be suspended
- What constitutes as free speech?instrmntl
- I’m not against it, but seems counter to his free for all of Twitter. Maybe I’m misunderstanding his goals.instrmntl
- parody is protected free speech you idiot elonpango
- fReeDoM oF sPeeCh doEsn'T mEan fReeDoM oF coNseQueNcEpalimpsest
- so it's parody when not disinformationhotroddy
- When it's not a parody it's disinformation is a clearer way to put it.palimpsest
- But but Elon said "Be anyone you want to be for $8"NBQ00
- I think he said keep your blue checkmark for $8.palimpsest
- When no evidence of misinformation, then yes it parody.pango
- Scientific papers are parody.palimpsest
- He's starting to sound like another rich asshole and flips out at anyone making fun of him. He's doing a marvelous job of alienating everyone.formed
- Stop moving the goal posts, Elon.
Normally, it's 'you break it, you buy it', but he seems to live by the inverse proposition.Continuity - If they have "blue tick", does it not mean they have been verified?drgs
- @drgs
Yes, it does.palimpsest - @drgs
Elon is trying to take your job away.palimpsest - Last week: “comedy is now legal on twitter.” Hahaha you can’t make this stuff upnb
- So how many verified Elon Musks are theredrgs
- @drgs
Only one verified Elon Musk.
Everybody's drowning in a shallow pool, Elon included.
#popcornpalimpsest - I don't think he's the best choice to steer Twitter in the right direction.instrmntl
- lol “choice” okaymonospaced
- BonSeff-1
Elon is running Twitter like a 8yr old in a bedroom fort, posting rules willy-nilly. It's hilarious and sad.
- I think it's just hilarious. Specially the reactions of the people that have made that bedroom fort their home.palimpsest
- I saw a product designer tweet about watching Elon learn about the basics of how twitter works in “real time”. Also they’re already rehiring some staff hahahahanb
- If you were a canned developer, would you really want to go back?BonSeff
- ^ Hard no.Continuity
- Watching this Elon Mook shitshow gives me goosebumps.utopian
- Yes, I’d go back. You keep your severance, you keep your vested RSUs and then you can get paid while doing nothing except looking for a new job.nb
- It’s a windfallnb
- yea, there's that.BonSeff
- utopian8
- Where's the "it's a private company" crowd?palimpsest
- It is a private company, this is the same crowd. They’re pointing out his hypocrisy, which they’ve been doing all along. eLoN mUsK is a clownnb
- I agree, the worst part is the hypocrisy.palimpsest
- You had to expect it, though, right?Continuity
- The hypocrisy? It caught me by surprise.palimpsest
- Oh. Well. Sorry to hear that!Continuity
- Just like Cosby's roofies!palimpsest
- Hey, hey, hey.Continuity
- I thought free speech was just that you wouldn’t get punished by the government for speaking your mind.monospaced
- You don't see it coming, all of a sudden you wake up in a hotel with your favorite comedian running his fingers up your legs looking at you with a sweaty grin.palimpsest
- Times change, now free speech means not having to pay for a blue checkmark next to your name. Ask AOC.palimpsest
- Apparently. Weird. People who act like Twitter is their only platform are really missing the big picturemonospaced
- Elon brought up free speech! He bought twitter & said it was because of free speech. That’s what we’re all mocking. That’s what AOC is mockingnb
- It’s mind-blowing how quickly things get reversed in this reactionary world of us vs themnb
- Thanks, Elon.palimpsest
- @nb
How does paying $8 for a blue checkmark go against free speech?palimpsest - And reactionary doesn't mean what you think it means.palimpsest
- I don’t think I reversed anything or was part of what you consider a mind blowing reaction. I don’t follow anyone or anything on Twitter like a fucking moronmonospaced
- Somebody is changing the sequence of events and it's not you monospaced.palimpsest
- That $8 charge doesn't seem so oppressive after all.
XDpalimpsest
- utopian9
- THANKYOUFORTHEGIFTED********
- Now twitter has to hire 3000-5000 people again to keep up with moderation and suspending people doing this.NBQ00
- Seasonal jobs, you know? Haunted maze workers, Xmas tree lot attendants..garbage
- ..moderation army for a thin-skinned bitch billionaire.garbage
- That's what you get when you don't follow the Terms os Service for parody accounts for Twitter. It's easier to whine rather than read...ameri84
- FamilyYakuZoku
- @amen But it was supposed to be a bastion of free speech! He's only banning people that make fun of him, including those pre-hair plug pics.garbage
- It's so funny to me that he's the richest man in the world, yet he still can't buy good looks. He's a bad drawing in human form.garbage
- @garbage Relative to this case, you're confusing free speech with impersonation. Identity fraud is not free speech, hence the TOS to avoid confusion.ameri84
- TOS: https://ibb.co/Rh59V…ameri84
- 26 days til my account is deleted!kaiyohtee
- @ameri Exactly the point. He made a big fucking deal about twitter was going to be an oasis of free speech.garbage
- "My commitment to free speech extends even to not banning the account following my plane, even though that is a direct personal safety risk."garbage
- Nobody would reasonably believe that an account with shit photos of him saying things like "how do you have sex with a little penis" would actually be him?garbage
- He's writing the rules because his feelings are hurt. Parody doesn't work if you have to label it PARODY.garbage
- @garbage The TOS are from the pre-Musk era. He didn't write them.ameri84
- Well then being wrong is further to my point? Wasn't he going change things? Fear of parody is fear of free speech.garbage
- Maybe, just maybe rolling out a "pay for verification" was just a blatant cash grab that he somehow didn't see..garbage
- ..and now it's blown up in his face. It used to be something somebody earned, and it won't be long before a celeb hurts his feelings.garbage
- @garbage No, you being wrong proves that you're committing the same mistake Ethan did (speaking out without getting your facts checked).ameri84
- As I said before, identity fraud is not free speech, those terms and conditions have a purpose. No hard feelings, but you don't get it.ameri84
- Read carefully what you wrote about "Wasn't he going to change things" comment. Why change a norm that guarantees how to differentiate a parody from...ameri84
- a false identity. It's common sense, though as I see, it's not very common nowadays. By the way, i'm not white and I have never voted for right wing.ameri84
- Though this woke left BS is crazy. Very sad times.ameri84
- I absolutely get it. Elon would not be upset, but it's his feelings that were hurt. Its because the parody account is about him.garbage
- The whole reason he bought it was to have a confirmation silo that he can use to manipulate public opinion, crypto, etc.garbage
- And I guess you didn't read his leaked texts, where he was floating the idea of a pay-per-tweet model, while also trying to talk about free speech.garbage
- He was running on an unban everyone model, and all it took was for somebody to make fun of him.garbage
- It's not "woke left", anybody can see that he's a cynical fraudster that is very lucky his daddy was rich.garbage
- THANKYOUFORTHEGIFTED