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Yavin4

(35,427 posts)
Thu Nov 24, 2022, 11:39 PM Nov 2022

I'm now convinced that Elon is deliberately killing Twitter.

Everything he's done so far is performative and does nothing to solve Twitter's real problem, a poor business model. My guess is that he was always going to take Twitter into bankruptcy from the very start.

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I'm now convinced that Elon is deliberately killing Twitter. (Original Post) Yavin4 Nov 2022 OP
I Faux pas Nov 2022 #1
Let's say you are correct... Does anyone know what recourse, if any, the banks who loaned him RockRaven Nov 2022 #2
I don't think so. Yavin4 Nov 2022 #6
I don't think he's that smart. Nt GenThePerservering Nov 2022 #12
I think he's purposely filtering Twitter down to be 95% plus MAGA mental midgets. Hassin Bin Sober Nov 2022 #3
He did walk in day one holding a sink SomedayKindaLove Nov 2022 #4
Wondering if any Russians are laundering money thru twitter JT45242 Nov 2022 #5
His main interest in Twitter is to host a peer-to-peer payment system. Frasier Balzov Nov 2022 #7
I think he offered to buy it on a whim, Demobrat Nov 2022 #8
That is my take, as well. He is controlled by his ego and is desperately flailing. Midnight Writer Nov 2022 #10
It was totally a political hit job. Initech Nov 2022 #9
I just think he has an inflated ego and no real friends Trenzalore Nov 2022 #11
Elon Musk will replace Trump Chakaconcarne Nov 2022 #13
I disagree - Twitter is more active than ever womanofthehills Nov 2022 #14

RockRaven

(14,950 posts)
2. Let's say you are correct... Does anyone know what recourse, if any, the banks who loaned him
Thu Nov 24, 2022, 11:47 PM
Nov 2022

a total of $15-20B would have in the case of him intentionally, with forethought, borrowing all that money only to declare bankruptcy ASAP (beyond whatever collateral they hold)? And is there any fraud-type criminal exposure when acting that way?

Yavin4

(35,427 posts)
6. I don't think so.
Fri Nov 25, 2022, 12:40 AM
Nov 2022

He may be trying to take down Twitter, as well as the tech workplace culture, in order to shut down Progressives. Twitter is a primary hub for young people to organize.

Hassin Bin Sober

(26,318 posts)
3. I think he's purposely filtering Twitter down to be 95% plus MAGA mental midgets.
Thu Nov 24, 2022, 11:50 PM
Nov 2022

I remember once reading about mailing lists and how the most valuable names were people who sent money to preachers.

The name of this game has to be selling personal information.

Can you think of a more valuable cohort of potential griftees?

He knows advertisers - with the exception of boner pills, crypto scams, and baldness cures - are running for the exits.

He’ll pull a trump: File bankruptcy, stiff the vendors, stiff the lenders, and then pocket the profits after everyone else takes a haircut.

Then claim he invented Twitter.

JT45242

(2,258 posts)
5. Wondering if any Russians are laundering money thru twitter
Fri Nov 25, 2022, 12:00 AM
Nov 2022

Even if you lose 70-80 percent of the value that leaves more than 100 percent seized because of sanctions against Russian oligarchs.

Plus the Saudi backers are happy to kill twitter as a method for dissidents to communicate.

Seems like a purposeful self sabotage.

Frasier Balzov

(2,640 posts)
7. His main interest in Twitter is to host a peer-to-peer payment system.
Fri Nov 25, 2022, 01:40 AM
Nov 2022

He had a digital cash project years ago which eventually became PayPal, but which never fulfilled his vision for small peer-to-peer transfers or a native internet currency.

The town square aspect of Twitter attracted him as an investment because of all the existing users who he thought might adopt his payment platform.

Advertisers are taking a time out from Twitter, but will return for the eyeballs unless there is a mass exodus of users.

Personally, I think Musk would have been better off acquiring Western Union. That company is much closer to the business he wants to be in, and could benefit from the technological innovations he might bring. It would have been a less expensive and less controversial takeover.

Musk erred.




Demobrat

(8,967 posts)
8. I think he offered to buy it on a whim,
Fri Nov 25, 2022, 02:37 AM
Nov 2022

tried to get out of it, found himself stuck, and is now bouncing around like a pinball from day to day without a clue where he wants to go with it, never mind how to get there.

Or maybe that’s just my takeaway from watching him fire people on Friday and call them back to work on Monday.

Doesn’t seem …. Thought out.

Initech

(100,054 posts)
9. It was totally a political hit job.
Fri Nov 25, 2022, 02:41 AM
Nov 2022

The fact that he’s letting white supremacists and people who threaten to murder back on the platform is stunningly evil. I’ve compared him to Surtur destroying Asguard. And I think it’s a just comparison.

Trenzalore

(2,331 posts)
11. I just think he has an inflated ego and no real friends
Fri Nov 25, 2022, 11:54 AM
Nov 2022

He's the equivalent of a bipolar person in a manic phase off their meds. He has a vast fortune to blow throw so the crazy should last a while.

womanofthehills

(8,685 posts)
14. I disagree - Twitter is more active than ever
Fri Nov 25, 2022, 03:19 PM
Nov 2022

Adds are coming back too. He is going to add all kinds of new stuff to Twitter - like an all in one service. Not saying this is good but it seems to be where so many companies are going. He posted about a new add service one day and the next day - lots of new adds in this format. What would be his motivation to fail? It’s much more to his benefit to succeed. People don’t realize the majority of Twitter users are not in US.


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