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Big Baller
Al Pachinko, Konami President
Mistake
Member
There’s different types of bankruptcy. Doesn’t matter much until we see what he files. Probably restructuring
Saiyan-Rox
Member
I have to admit seeing the new verification changes is hilarious
EliteSmurf
Member
Elon smoked weed once and made it his whole personality.
I wonder where Elon goes next to post his 420 and 69 memes?
Meta?
Truth social?
I wonder where Elon goes next to post his 420 and 69 memes?
Meta?
Truth social?
Men_in_Boxes
Snake Oil Salesman
Kenneth Haight
Gold Member
FunkMiller
Member
My entire attitude to Elon’s Twitter shit show is
Maiden Voyage
Gold™ Member
Do Meta next pls.
Nobody_Important
“Aww, it’s so...average,” she said to him in a cold brick of passion
Velcro Fly
Member
It was a hellscape that masqueraded as something that wasn't before Elon got ahold of it.
Now it is self aware. It knows it is shit and isn't trying to hide it. It's almost endearing in a really sad way.
I still think the way things are being handled is super dumb, and the random fake out verified accounts is going to get old really fast, but for the first few days of this there have been some funny ones.
Now it is self aware. It knows it is shit and isn't trying to hide it. It's almost endearing in a really sad way.
I still think the way things are being handled is super dumb, and the random fake out verified accounts is going to get old really fast, but for the first few days of this there have been some funny ones.
bender
What time is it?
There's room for an alternative now. Advertisers and users want reliability and security. They're free of any obligation. A new professionally run service that approaches it responsibly as a utility of a public privilege, like driving, and takes the plentiful lessons, moderation policies, and features from twitters successes and blunders to construct a new platform that's easier to create and successfully launch.
Now that the blue checkmarks are dissatisfied too they can help their followers migrate to a new platform. It's a surprise that monetization went the way it did with twitter. Adding new features and charging for those might have been better for user satisfaction and far less disruptive. But the disruption seems intentional. The follow up to seeing how losing all that wealth effects Elon should be historic. His judgement seems to be getting worse, or at least unreliable for investment, less around reality and more ideologue.
Now that the blue checkmarks are dissatisfied too they can help their followers migrate to a new platform. It's a surprise that monetization went the way it did with twitter. Adding new features and charging for those might have been better for user satisfaction and far less disruptive. But the disruption seems intentional. The follow up to seeing how losing all that wealth effects Elon should be historic. His judgement seems to be getting worse, or at least unreliable for investment, less around reality and more ideologue.
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Unknown Soldier
Member
Imagine not knowing that it's been Elon's MO for a decade to raise the specter of bankruptcy whenever he wants people to work harder.
There's no alternative to Twitter and everyone knows it. If it dies, no one will attempt to make a replacement because who wants to lose money 8 out of the last 10 years like Twitter did?
There's no alternative to Twitter and everyone knows it. If it dies, no one will attempt to make a replacement because who wants to lose money 8 out of the last 10 years like Twitter did?
Randall Sully
Banned
MisterFalcon
Member
Repeat over and over again until only Elon remains.
TrueLegend
Member
Dumbest OT in the history of OTs
LegendOfKage
Member
Or, you know, verify people before giving them a verification badge. That might not be a bad idea.
NeonGhost
uses 'M$' - What year is it? Not 2002.
Who cares Twitter has been helping the downfall of humanity should never be taken seriously
NecrosaroIII
Ultimate DQ Fan
How i imagine elon on twitter
LegendOfKage
Member
But it can also be very useful if you avoid topics that incentivize anger for clicks. I honestly don't want to see that go away.
I just wanted twitter to ban slurs (just as GAF does), enforce the law when it comes to genuine cases of threats or inciting violence, and to otherwise stop playing the morality police. Would it have been so hard to only do that and not screw around with the one thing that offers companies and users protection against impersonation?
SJRB
Gold Member
Unless the company was relentlessly hemorrhaging money I don't really understand his scorched earth policy.
And the whole verification thing is just a complete shitshow. Incredibly poorly thought out. The only reason he would implement it like that is if they needed cashflow IMMEDIATELY.
Fascinating to watch though.
And the whole verification thing is just a complete shitshow. Incredibly poorly thought out. The only reason he would implement it like that is if they needed cashflow IMMEDIATELY.
Fascinating to watch though.
bender
What time is it?
Twitter annual net profit / loss 2012 to 2021 ($mm)
| Year | Net profit / loss ($mm) |
|---|---|
| 2012 | -79 |
| 2013 | -645 |
| 2014 | -577 |
| 2015 | -521 |
| 2016 | -456 |
| 2017 | -108 |
| 2018 | 1206 |
| 2019 | 1466 |
| 2020 | -1136 |
| 2021 | -221 |
Twitter annual revenue by segment 2015 to 2021 ($bn)
| Year | Advertising | Data licensing & Other |
|---|---|---|
| 2015 | 1.9 | 0.2 |
| 2016 | 2.2 | 0.2 |
| 2017 | 2.1 | 0.3 |
| 2018 | 2.6 | 0.4 |
| 2019 | 2.9 | 0.4 |
| 2020 | 3.2 | 0.5 |
| 2021 | 4.5 | 0.5 |
Grossly overpaid for Twitter and took out loans to do so that will cost him a billion+ per year in interest alone. Fired about half of the headcount (before trying to hire some back) in turn scaring away advertisers whole advertisements account for the vast majority of Twitter's revenue. I know people like to bitch about Twitter's moderation policies but they weren't trying to protect progressives, they were trying to foster an environment their advertisers wanted to invest money into. On the bright side, if he can convince 10 million accounts to sign up for a blue check mark, he can pay for the interest on the loans he took out.
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FunkMiller
Member
At what stage do Musk fans start to admit he’s not playing some sort of 4d super intelligent business chess? Twitter might survive, but to claim Musk is fully in control of the situation, and everything is proceeding to some grand master plan, is starting to look more than a little stupid.
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LegendOfKage
Member
The only 4D chess answer to this crazy situation is that it's bringing a ton of attention and press, which is resulting in higher than ever activity on the platform.
Is that really why he's doing all this verified account madness? I don't know, but I wouldn't bet on it. None of what is happening right now is even close to what I expected. This all seems absurd.
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lmao
FunkMiller
Member
In an entirely predictable outcome, the new Twitter Blue system is being absolutely fucking rinsed, and it's hilarious:
And hey... take it from someone who's worked in PR and Comms his entire career, this shit will not fly with advertisers. If they think the platform is not a reliable way for them to get their messaging across because of parody and fake accounts, then they'll leave in droves. Especially if they think those parodies negatively impact that messaging. Perception is reality. Good luck getting people to give you money to advertise if they think that perception can be altered by comedians with $8 in their pocket.
Edit: For example, this is just fucking beautiful:
And hey... take it from someone who's worked in PR and Comms his entire career, this shit will not fly with advertisers. If they think the platform is not a reliable way for them to get their messaging across because of parody and fake accounts, then they'll leave in droves. Especially if they think those parodies negatively impact that messaging. Perception is reality. Good luck getting people to give you money to advertise if they think that perception can be altered by comedians with $8 in their pocket.
Edit: For example, this is just fucking beautiful:
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FunkMiller
Member
Maiden Voyage
Gold™ Member
Maybe the Twitter guy shouldn't be the one leading the charge to Mars after all.
Kenneth Haight
Gold Member
Bitmap Frogs
Mr. Community
I see Twitter’s ad revenue trending to zero.
Kilau
Member
The whole verified thing became a joke anyway when it shifted from signifying official legitimacy to a status symbol of “quality” content.
Not that people realized that though. I like Wario64 but why did he need a check? Why did fanboy accounts like Klobrille who has Conker for a profile pic and zero quality need a check? Just two examples of pointlessly verified accounts before Elon started his stupidity there.
People turned off their critical thinking and the check just made it easier to accept anything at face value.
It’s also laughable that advertisers take a stand now when twitter has always been full of disgusting opinions.
Not that people realized that though. I like Wario64 but why did he need a check? Why did fanboy accounts like Klobrille who has Conker for a profile pic and zero quality need a check? Just two examples of pointlessly verified accounts before Elon started his stupidity there.
People turned off their critical thinking and the check just made it easier to accept anything at face value.
It’s also laughable that advertisers take a stand now when twitter has always been full of disgusting opinions.
Punished Miku
Human Rights Subscription Service
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