Q-Elon’s latest genius idea is to get people to pay for Twitter.
Why didn’t anyone think of this before?
He’s down from $20/month (which even if you doubled the amount of verified users from last year wouldn’t service the debt from his acquisition).
1 Like
If all current blue ticks paid $20/month, it would generate less than $100 million a year. He needs to put a zero on that.
A modest proposal
Whatever it is that we’re doing that is making Twitter insolvent: we should keep doing that.
5 Likes
Musk’s latest genius idea to eke out some…any…revenue from Twitter: turn it into OnlyFans.
Does he think that the existing users and, more importantly, advertisers, will stay on the site once it becomes riddled with porn?
Truth Social will look at this model for OnlyKlans
4 Likes
//insert eating popcorn emoji here//
1 Like
You know, you’d think that somebody laying down $44 billion would come in with a more well thought out plan than ”let’s throw shit against the wall and see what sticks”.
3 Likes
Yeah, just shows that while he might be visionary in some areas, he’s below a lightweight as a CEO
His prior business successes have been start-ups, so this approach is ok; especially when you’re getting (like in the case of Tesla and Space X) billions in government funding.
Twitter is a fully-formed, functioning entity, and he’s going to break it; likely already has as it is currently unsustainable due to the massive debt service requirements.
Well, its headcount expenses are only 75% of what they were before, so there’s that.
Yeah…about that.
Car is finally done in Ingolstadt. Now the wait begins for shipping across the Atlantic. It’ll be interesting to go full electric, for sure.
4 Likes
A post about EVs in the EV thread??
1 Like
Just trying to keep it real.
4 Likes
Keeping it real…
Oof!
In a move that Twitter employees are calling “The Snap”, Musk has locked them all out of the offices and will fire half of them by email…today.
Must is already being sued over this because, under California law, you have to give 60 days notice for any layoff involving more than 50 people in a 30-day window.
They should just all quit and let Musk see if he can run it by himself. And I imagine that his creditors will be interested in the company’s continued viability. They may want to install their own management team.
I read that Dorsey is not bound by any covenants, so there’s nothing stopping him hiring people away from Twitter and starting up a competing platform. I’d be shocked if he doesn’t, to be honest.
Who would want the headaches?