hm, someone told me it was so easy to cut wasteful spending.
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Go fash; lose cash.
Turns out, nazi business is bad business
Do we need a catchy “go Nazi get…____” catchphrase? It was such a g when the right wing did it! They do love a good catchphrase. Easier to remember.
Go nazi go bankrupt? Go nazi get Luigied? Go nazi get nasty? Go nazi get ,,,
With the site now serving as an outlet for right wing narratives and misinformation that benefits the administration, there will be an incentive to prop it up financially if need be. Banks have been trying unsuccessfully to offload their debt used to finance the acquisition, so it seems investors aren’t as confident in the site’s long term profitability even with its newfound role.
Awww, is the world’s greediest man not making enough money?
Wouldn't barely breaking even actually be exceptionally good in the history of twitter? I though it had been burning money from its conception.
You'd expect it -- most online companies do, as it makes sense for companies with high fixed costs and low variable costs -- to have a growth phase, during which it loses money but aims to grow by being very appealing. Once it's grown as far as it reasonably can or as money permits, the growth phase ends and the monetization phase begins. Twitter's growth phase was over. It would never have been expected for Twitter to just lose money forever.
- Claims in an interview that he is qualified to handle a social media company on the internet because he has "put internet in space"
- Buys a financially struggling company for way too much money
- Dismantles everything that made it attractive
- Insults and fires the most competent employees who are trying to stop him from destroying the platform
- Doesn't pay the employees he fired owed severance, further discouraging the best of the workforce from ever applying to work there
- Turned it into something so repulsive and toxic that the users and advertisers start to leave
- Told the advertisers to "go fuck themselves"
- Tried to sue the advertisers into returning, further discouraging any new advertiser from ever doing business with him
- Destroys the brand recognition by renaming it to a letter of the alphabet he personally likes but nobody else gives a crap about
- Abuses his admin powers to steal a handle with the name he wanted from its owner, further eroding the user's trust in him handling the platform
- Continues ruining the platform, turning it into his personal soap box to push his (toxic) ideas and abuses his powers to reduce the visibility of those he doesn't like while claiming to be radically pro-free speech.
- Alternative platforms have gained momentum and have reached critical mass and will soon become the new default platform people will flock to. High profile users leave.
- Whines and bitches about the company not making any money.
Hey guys, I'm starting to think that this guy's fortune has absolutely nothing to do with his skills at running a business
What was the username he stole? Don’t remember that one
Also, don’t forget the disastrous rollout of the blue checks when a few people imitated companies and said Lockheed wouldn’t be doing business with Israel and a few others. But I guess that was the best thing he did, honestly, because that shit was hilarious.
I believe he took user name 'x' because he wanted it.
Destroys the brand recognition by renaming it to a letter of the alphabet he personally likes but nobody else gives a crap about
I'm beginning to suspect he only likes that letter because it's the middle part of a swastika.
Oh shit. I didn't think of that. That's probably why.
Did you include the whole 'verified' tag fiasco in your list? I didn't see it explicitly in there, but maybe it falls under a general functionality fuck-up point.
There's no fucking way they're breaking even.
@breakfastmtn @cm0002 it already bought an election, how much it is worth?
Yeah. Bought an election for a bum who doesn't understand loyalty or how to pay his bills. Lol.
What a Dumbass.
The man bought an election with disinformation and lobbying, who gives a fuck what he says about this company. Who knows what the fuck break even even means in his addled brain.
Musk also said that the company could become cash-flow positive “within months” nearly two years ago, and it still faces over $1 billion in annual interest payments on the loans.
3 months maybe, 6 months definitely
X has added some features, like job listings
Who the fuck looks for jobs on X?
I'd "work there" long enough to get on a pip and terminated. Lol
Drain a little bit of cash out of them. Lol
I'm not a Nazi lol
I’m referring to looking for jobs using X, not looking for a job at X (which I thought was clear when quoting the article’s mention of “job listings”).
Ah. Well it would help if I could read.
But yes I agree with your thought... I definitely wouldnt go there to look for a job.
Nazis probably
Does stagnant actually mean negative?