an almost impossibly stupid take;
https://twitter.com/stoolpresidente/status/1593450747454177280
an almost impossibly stupid take;
https://twitter.com/stoolpresidente/status/1593450747454177280
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
oh also theres an FTX sex tape.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Elon launches rockets into space but running an app for autistic people is beyond his capacity.
This is literally the Big Brains take.
Do twitter employees even lift, bro.
read a great comment from that drudgereport article to the effect of 'im not going to fuck up my family and health to make the worlds richest man richer'.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
I’m sure Elon is owning the libs and is building his personal brand.
None of that improves the bottom line. Big national advertisers like Nabisco are gonna take a hard pass as the whole deal grows toxic.
There are agencies that do these buy recommendations and they are never risking a purchase like twitter and jeopardizing their account with the Nabiscos of the world. It is that simple.
Everyone loves twitter but it’s a comparatively little social media outfit and sure as fuck wasn’t worth anywhere near 44b
i think it had the potential to be a profitable purchase. the original vision that elon laid out was layering new functionality into the app while fixing or removing suboptimal components. and what went wrong, is that elon is all stick / no carrot. he does not know how to lead or inspire, he only knows how to confront and belittle and alienate. imagine offering 90 days severance to people making 200k base salaries and demanding an extra 10-20 hours a week from anyone who stays with absolutely zero extra comp for it. congrats on retaining anyone who cant find a job anywhere else my dude.
and again to small_bananas point about twitter only needing a skeleton crew, that might fly when its a crew who has run the infrastructure from the beginning. but theres a tipping point where so much direct, undocumented knowledge walks out the door that outages become unavoidable, the SDLC pipeline breaks down, and you start getting your compliance certifications knocked because no one's performed the audits to support them.
bezos got rich by essentially getting the world addicted to online shopping. ma got rich by working with the ccp to cook the books. that indian cunt rigged some IPO to 1000x his investment then rugged into the sunset. musk...? musk got rich because wallstreetbets realized the greeks on tesla options were exploitable, it was just a memestock that musk happened to own a pile of.
whats our favorite turn of phrase? 'mistaking leverage for genius' was it?
musk is going to give up, the saudi investors are going to quietly step up and hire a normal ceo to hire normal engineers to do normal jobs and twitter app will probably get some curious geolocation hooks included but otherwise be exactly what it was last month, because its been my experience that investors do not, in fact, love to ether billions of dollars because an autist decided to go full alt-right after being turned away at the door at Berghain. never mind that most of the saudi money is probably from kushner.
ugh, anyway, my ES short would have made it if someone hadnt liquidity grabbed me into my stop loss by like 1 tick 30 minutes ago. what a world, what a world.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Last 6 months Dow Jones up 7 percent, nasdaq down 3 percent, Tesla down 26 percent….
Also Twitter is an old person app just like Facebook. The new generation doesn’t give a fuck about it and that’s what makes it a terrible investment. I can’t imagine Elon musk can transform it into something that appeals to them. Unless he turns it into the social media onlyfans.
Here’s a crazy thought:
Maybe Twitter employees are just giant pussies.
I don't know how to embed tweets so I will just paste it:
"Supposedly Twitter has lost 90% of its staff (7.5k to 750).
The fear is this app stops working soon.
Or is the real fear that it does not and it sends a powerful message to the rest of Silicon Valley, and even all of corporate America, about true staffing needs?"
---------------
If Twitter succeeds by reducing headcount by 90%, every activist and major shareholder on Wall Street is gonna be demanding the same out of Google, Amazon, Apple, META, etc.
Late twenties perhaps.
But when you are looking forward the real golden age is late teens to early twenties for influencers. Those are the ones that are not only going to draw in new users but also stay on the platform for decades. All the successful apps have managed to do this including Facebook (initial users all in this age range). For new upcoming trends executives are always looking at this demographic.
I happen to know a lot of individuals in this range and it remains dominated by instagram and Snapchat right now. To a lesser extent discord as well. In fact a lot of them may have had Twitter accounts years ago but have given up on them now. It’s just not seen as a cool app. Look at all the top Twitter accounts and with a few exceptions they have limited appeal to this Age group. Twitter was big because it was one of the first mobile apps but it really doesn’t serve a purpose anymore outside of name recognition.
I will give it to Elon for recognizing this and wanting to restructure the platform. But he’s not the guy to do it.
I will however acknowledge that crypto played a significant role in revitalizing Twitter. Oh and sex work of course. But hey what part of the internet isn’t boosted by sexwork? I guess maybe Wikipedia.
this is a super valid dynamic during market crashes and falls apart everywhere else because corporations rely on lux head counts to justify greater vc investment.
in 6 months, the activist investors will simply be on the sidelines watching everyone else get rich on their NQ ponzis.
again.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
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