any company that advertises with Twitter deserves to go bankrupt and vanish.
this post was submitted on 20 Jun 2024
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When I wonder what heaven is like I imagine going a day without thinking about this Elon Musk motherfucker, then I imagine doing that every day forever and I feel a little closer to Jeebus.
Oh no, poor rich boy
Unfortunately advertising doesn't work on the majority of their users who are bots. 🤷
Can't remember the last time I was on Twitter. Turns out I don't need it. Turns out I'm just a little happier without it.
I was trying to find active users since he took over. But the only numbers I can find are numbers provided by Musk, who is a well known liar.
I know Lemmy and Mastodon are niche communities, and that people put up with a lot of garbage from Big Tech, but I have to believe that a lot of users have left Twitter, or least that usage is down. I also assume bots are way up, because Musk wants his numbers to be up regardless of the source (save for people with an opposing opinion).
Hopefully Musk's shitty little empire crumbles...soon.
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I wish some politicians, artists, and scientists that I used to follow used Mastodon.
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"If you’re trying to reach senior decision makers, if you want to reach the most influential people in the world," Musk told Read, "the X platform is by far the best."
I think he greatly overestimates how influential Nazis are.
Oh no, if revenue continues to slip in just a few hundred years Musk will be down to his last billion. (assuming he never makes any more money)
That's not exactly how billionaires work, they don't keep their money as cash, they keep it as equity. So if the value of his companies fall fast enough, he could lose all of his wealth.
Just food for thought.
Also when you own as much of a company like he does, and try to cash out, you cause the stock to plummet rapidly as you increase the available amount of shares. Basic supply and demand.
It was quite dramatic as he was selling shares to buy Twitter.
Whatever number gets thrown around as his wealth is just a paper number. It's a fraction of that if he sold it all.
Yup, and he'd have to get approvals for any stock sales since he's in an executive position, and he also has an obligation to not tank the stock price either. So a lot of his wealth is inaccessible.
He's still super rich, but if Tesla tanks, he'd be a lot less rich.
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He brought it all upon himself
Apparenlty telling your customers to go fuck themselves isn't a good business strategy.
The Saudi Sovereign Wealth Fund expects returns.
Mr. Bonesaw waits......
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The G20 doesn't meet on twitter. If you want to talk to like second rate journalists or nazis you go to twitter.
Shut down twitter!