Elon Cleaning House

The only time I check twitter is for Florida recruiting. But as we all know, there is a season for that.

 

All I do on Twitter is follow some Gator sports stuff, like a tweet or two, and log off.

I suspect the overwhelming majority of people so the same, based into their particular interests.

 

Just watched a story on this election denier on 60 minutes.

These are the new flat earthers.

 

Dorsey endorsed Musk’s takeover of Twitter.

There are literally hundreds of news items, sports items, recruiting items that I’ve seen broken on Twitter hours before they hit the AP wire. It’s an excellent source to get real-time developments on a story, without the filter. Your previous post basically devalued all content on Twitter and I can 100% attest to that being BS. I mean, stop being such a hater. There’s a reason why the company has a market cap in the billions. They obviously produce something of value or else it would not see the type of investment it’s had.

 

Yes, verified breaking news from journalists is a “use case” for Twitter. I was actually saying I don’t think the $20/mo would push those interested parties away. So it seems you were entirely missing my original point.

The flipside (a separate point i’m now making) is I think alot of shady characters will probably also just pay the $20. So net-net I don’t think it changes much. I’m undecided what it means for it as a platform overall because I have no idea how this changes the behavior around “unverified” accounts and/or bots.

 

Well, this is what you said:

“Problem is the platform basically doesn’t exist without people posting bs and bots pumping up engagement numbers.”

Twitter doesn’t exist because peoples are posting BS and bots. Twitter exists because reporters, celebs, national figures have used it as an unfiltered and instantaneous method of communicating their thoughts to the masses. It’s become a multi-billion dollar company by centralizing these media, celebs and national figures in one place to dispense real-time, unfiltered information. Your characterization of Twitter was false. A genius like Elon Musk doesn’t pay $44 billion for a social media platform that’s built on BS and bots. Come back to reality.. any time now.

 

Actually, he did. He paid a massive premium for a company that wanted to sell itself, had no other bids, makes no money, and has an aging user base with younger consumers largely going to their competitors like TikTok, Instagram, or even Snapchat, all of which have larger and more attractive user bases. And in doing so, his main company has lost over 43% of its value so far this year, more than 4x as much as the market as a whole.

 

Snapchat is down like 80% this year, bruh. And Elon has only been on the job a few days. Telling me how irrelevant Twitter is now just confirms Elon made the right moves in firing the entire board. He’s earned the right to get a few years to right the ship, but you can’t blame him for what’s become of Twitter as of late. Elon didn’t buy Twitter for what it is today. He bought it to bring wholesale change and grow the company in the years to come.

 

Still has a larger base. Just they aren't currently making any money. Sound familiar? Twitter doesn't make money either.

 

Again, Elon didn’t buy Twitter for what it is today. He bought it for what he thinks he can guide it to become 5 to 10 years from now. That you don’t understand this simple concept disqualifies you from the conversation.

 

And what is it going to be in 5 to 10 years?

 

I’m not Elon Musk. And if you asked him directly, that would be like asking Coach Napier to send you the playbook for next Saturday. I also realize Musk created Tesla and SpaceX from nothing. What companies have you created?

 

Okay, so basically you have no idea but are just convinced that every idea he has is genius and are convinced that he must have one of these genius ideas. I'd say that level of blind hero worship disqualifies you from disqualifying anybody else from this discussion. If you are going to claim that it is going to be something different in 5 to 10 years, you should probably be able to discuss what exactly that is.

 

Wrong. Elon bought Twitter because Twitter forced him to. He overpaid dearly and is bent on destroying it as payback. He never had a plan for Twitter it was an ego bluff that he had to follow through with. Like a kid eating worms cuz he said he would and all the other kids are egging him on. What a funny story this turned out to be.

 

I use Twitter a lot because it’s great for instant news and getting politicians direct reactions. Sports reactions are helpful too. The ads are useless to me I’ve almost never clicked one on purpose and I’ve never bought anything because of it. I’m not sure how they make money on me and I’m a regular user.

 

Understood, but he also never made it lucrative, so I doubt Musk loses much sleep over Dorsey trying to replicate it.

 

Man, I bet Musk wishes he had you to advise him. Musk is crap without your expert takes.

 

I can see how that was confusing, so I will attempt to explain.

When I said “the platform doesn’t exist” I didn’t mean nobody would find it theoretically useful from the user side, I meant it’s viability as a business… the financials of the company. Nobody seems to think it is worth $44 Billion, including Elon who tried to get out of the deal. Musks theory for wanting out of the deal was that everything is bot driven and thus everything in their metrics was bs (and that’s not unique to Twitter, all social media metrics are assured to get fluffed up by “inauthentic behavior”).

I think the power users and PR users aren’t going to be averse to $20, just not sure that alone makes it a viable business, not sure what revenue that generates. As I said that needs to be weighed against what happens with the unverified users and bot accounts. The bigger question for its viability is likely how toxic it is allowed to become. That could be what might drive people away, more-so than the prospect of paying $20/mo.

 

Someone should if he's seriously considering charging $20 a month for verified accounts