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Why Twitter will be a great investment for Elon Musk

Bucky

Bucky

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Here is the dirty secret about Twitter:

The Twitter platform is still running with substantially fewer employees.

I have read a report from a financial company's surveillance of Twitter during the pandemic that 80% of Twitter's workers did nothing for a company with over 100,000 workers.

So if Twitter can generate close to the same revenue with a significantly lower workforce being replaced by technology/AI/Chat boxes, I expect Tech CEOs of other companies to follow Elon's lead.
 
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That's all I got. Yay?
 
Michael Cole said:
That's all I got. Yay?
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It's simple math.

If you can buy a company and terminate 80% of that company's workforce and still produce the same amount of revenue, that's a good investment.
 
Bucky said:
Here is the dirty secret about Twitter:

The Twitter platform is still running with substantially fewer employees.

I have read a report from a financial company's surveillance of Twitter during the pandemic that 80% of Twitter's workers did nothing for a company with over 100,000 workers.

So if Twitter can generate close to the same revenue with a significantly lower workforce being replaced by technology/AI/Chat boxes, I expect Tech CEOs of other companies to follow Elon's lead.
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Do you have a source for that?
 
So tech people are being replaced by tech.

Sounds like a slippery slope to the Wizard of Oz.
 
Bucky said:
Here is the dirty secret about Twitter:

The Twitter platform is still running with substantially fewer employees.

I have read a report from a financial company's surveillance of Twitter during the pandemic that 80% of Twitter's workers did nothing for a company with over 100,000 workers.

So if Twitter can generate close to the same revenue with a significantly lower workforce being replaced by technology/AI/Chat boxes, I expect Tech CEOs of other companies to follow Elon's lead.
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Who gives a shit how many employees it has... What is the REVENUE it is generating? Twitter is worthless without a REVENUE model...
 
lwf said:
Do you have a source for that?
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It is a well-known youtube podcast with over 100k subscribers.

The guest is a managing partner of a well-known holding company.
 
BlueTex said:
It's the kind of stupidity that has led to many a tech company to bust...
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The magic sauce of a social media website is not the employees; it is the users on the platform.
 
Bucky said:
The magic sauce of a social media website is not the employees; it is the users on the platform.
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Horseshit.. Typical gullible investor.. It is and has ALWAYS been the revenue model... What are the advertiser revenues for the last quarter?
 
Bucky said:
Umm yes? Although Tom Lee is a frequent guest on Fox Business and CNBC.
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Who is Tommy Lee, and why does he know about the detailed finances and employment structure of Twitter?
 
lwf said:
So, some guy on the internet told you.

It is highly unlikely that 80% of Twitter employees did nothing. Elon paid way too much for Twitter, and seems to have made it far less popular and far less reliable as CEO.

https://www.sfgate.com/tech/article/twitter-website-down-elon-musk-17682225.php
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Also, Tucker Carlson did a segment on this earlier in the month:

Musk's experiment, in other words, showed that at least 80% of his payroll wasn't doing much of anything at all. They're the ones you saw listening to their podcasts and ordering $40 salads and of course uploading cute videos of themselves to TikTok. This is the documented work product of one Twitter employee from the Atlanta office.

ATLANTA TWITTER EMPLOYEE: Hey guys, come to work with me at Twitter in Atlanta. This was my first time going into the office in such a long time, but it was nice to have a change of scenery from my apartment... For lunch, we decided to go downstairs to [a restaurant]. If you haven't tried it before, it’s a Black-owned restaurant inside of Ponce market. We ordered the quesadillas with tots and also got a "fancy pants" cocktail. They were all really good, so I’ll definitely be back. After lunch, we came back upstairs to an extremely empty office, but honestly we were just so proud of productivity. After work, we went back downstairs to [a restaurant] to reward ourselves with some after-work margaritas.

Rewarding ourselves! That's what they're doing at Twitter's Atlanta office. They're drinking at lunch and trying to become famous on TikTok. Looks fun, but it's not, as a math question, a huge addition to the bottom line, but we want to be fair, so let's check in with Twitter HQ in San Francisco. San Francisco is where all the tech people live, all the geniuses from Stanford, the ones who actually learned to code. So, what's their workday like? Once again, for the answer, we go to TikTok.

SAN FRANCISCO TWITTER EMPLOYEE: Welcome to a day in my life as a Twitter employee. So, this past week went to SF for the first time at a Twitter office. Badged in, honestly took a moment to just soak everything in. What a blessing. Also, started my morning off with an iced macho. Perfect. Then I had a meeting. So quickly scheduled one of these pod rooms which were so cool, they’re literally noise-canceling. Took my meeting, got ready for lunch, look how delicious this food looks. Oh my goodness, I was so overwhelmed. Then made my way down to this log cabin area, I don’t know what this is, but it was really cool. Played some foosball with my friends to kind of unwind a bit, also found this really cool meditation room.
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www.foxnews.com

TUCKER CARLSON: Musk's experiment showed at least 80% of Twitter's payroll wasn't doing much

Tucker Carlson reacts to bombshell information from the "Twitter Files" revealing the censorship of conservative personalities on "Tucker Carlson Tonight."
www.foxnews.com www.foxnews.com
 
Bucky said:
Umm yes? Although Tom Lee is a frequent guest on Fox Business and CNBC.
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Who the hell cares if he is a frequent guest on Fox or CNBC... Does he have ANY insight into the advertising revenues of twitter this quarter? If not, he is just pissing in the wind...
 
Cardinal said:
Who is Tommy Lee, and why does he know about the detailed finances and employment structure of Twitter?
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Thomas J. Lee, CFA – Managing Partner


Thomas Lee is a Managing Partner and the Head of Research at Fundstrat Global Advisors. He is an accomplished Wall Street strategist with over 25 years of experience in equity research, and has been top ranked by Institutional Investor every year since 1998. Prior to co-founding Fundstrat, he served most recently as J.P. Morgan’s Chief Equity Strategist from 2007 to 2014, and previously as Managing Director at Salomon Smith Barney. His areas of expertise include Market Strategy, Small/Mid-Cap Strategy and Telecom Services.
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Team

Leadership
fundstrat.com fundstrat.com
 
BlueTex said:
Who the hell cares if he is a frequent guest on Fox or CNBC... Does he have ANY insight into the advertising revenues of twitter this quarter? If not, he is just pissing in the wind...
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Twitter is a private company. They don't have to disclose those types of numbers.
 
Bucky said:
Twitter is a private company. They don't have to disclose those types of numbers.
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LMAO... The sure as hell do to investors... Cheese and rice, do you really think anyone buys this bullshit?
 
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