A year after he bought Twitter for $44 billion, Musk thinks the company is now worth $19 billion, a 55 percent drop.
Let’s recap what he did to Twitter, I will go first:
- Changed the original name Twitter to X.
A year after he bought Twitter for $44 billion, Musk thinks the company is now worth $19 billion, a 55 percent drop.
Let’s recap what he did to Twitter, I will go first:
Is anyone else surprised it’s even worth that much?
A lot of journalists, politicians and influencers are really reluctant to let it go. I guess those are the ones still keeping it somewhat afloat.
It should be more publicly shamed if you keep being a part of his insanity.
It’s because no other social media platform currently meets their requirements. Other platforms either functions significantly different from twitter or it lacks the reach that a politician needs in order for it to be worth their time.
“Worth their time” ? Copy\paste the text into Mastodon. Post Done
I can empathize with the reluctance to completely jump ship but it costs nothing (both money and time) to cross post to another platform.
Last time I was on mastodon during one of the many twitter migrations there was a long post saying that people should hold of on auto-blocking people that don’t caption the images they post because new user haven’t learned the cultural rules of mastodon. Is that a thing? I don’t know, could be a particular part of mastodon, I don’t know. Point is that serious public figures have been trained to be careful when adopting new social media.
yeah but nobody uses mastodon
Hi. Nobody here 👋 I enjoy Mastodon and although nowhere near the same engagement as Shitter, I enjoy the content more. Some people like different things
That requirement is just attention whoring
It is their job to gain attention, yes. Did you think all those journalists and politicians where hobbyists or something?
It’s their jobs to be published at their places of work. Not attention whore. And how many journalists are on there anyway? What percentage of Twitter users are full time professional writers?
I bet it’s less than 1% of all traffic on that site.
I think they know how to do their jobs better than us. That is why we are talking about them and they are not talking about us.
Yeah how did all those journalists survive before twitter?! Your not convincing me of anything. Twitter is for attention whores.
Your resistance to opposing viewpoints is admirable.
Yep. I mean in the end it has no product. It’s just billboard/ad space, in the world of commerce. Sure, it’s a lot of ad space, but ad space in the digital world is also effectively endless, so the percentage still isn’t actually that relevant as it can shift in a moment’s notice.
Say… if a neonazi buys the platform and brings all his friends with him.
But beyond an office he’s not even paying for and so on, Xitter got… nothing. They have no actual product that can be liquidated, no supply chains worth any money, nothing to rent/sell out beyond said adspace. Like many digital companies they rely entirely on hype for all their perceived value.
Pretty sure it’s worth fuck all.