Why Twitter will be a great investment for Elon Musk

[BlueTex]

Well one thing for sure. If they truly are short of 80% of their employees they will not need as much revenue as they previously did.

LOL…. Except that new $1B/year in debt service

 

[BlueTex]

The entire digital advertising space is on a decline. Twitter was/is a small player in the digital ad space.

So how in the hell will Twitter generate REVENUE?

 

[Buckeyes85]

Musk is a business genius because he supposedly laid off 80% of his staff, with the claim they have kept the same revenue? Odd given that Musk himself has lamented the loss of ad dollars. Are you claiming the $8 checkmark fee made up for that?

The knee jerk back and forth decisions, and knee jerk firings- any of those that could not have been performed in the orderly fashion you would expect of a company with that kind of market value? Was it necessary to alienate/run off millions of subscribers? What was gained by that?

But much more to the point, how long does Twitter have to reap in the purported savings from all those firings before making up for the billions in market value Musk has caused? And what about the crash of the stock in Tesla while Musk is obsessed with his pet project Twitter? If he loses $100 billion of his wealth in Tesla stock, but makes up $20BB in Twitter, is that the mark of a genius businessman who made the right moves?

 

[Elmo]

It just kicked me off my desktop, and the site seems to be lagging on my phone.

I just sent a request to Twitter Support.

Good luck. I heard 80% of the Twitter support people were useless and got fired.

 

[CaughtInThe]

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.

i LOVE that you created this thread the day before Twitter has been crashing and unstable all day.

 

[CaughtInThe]

Because it is the town square of the internet.

 

[CaughtInThe]

Yaaah?

Twitter is no Facebook, it never was.

But since people like you like to correlate stock price with company performance, go ahead and look at Meta's stock price, and you will see declining ad revenue for two consecutive quarters.

 

[Bucky]

i LOVE that you created this thread the day before Twitter has been crashing and unstable all day.

It's fine now.

And people were tweeting about twitter issues on twitter, so the site was obviously still working.

 

[CaughtInThe]

It's fine now.

And people were tweeting about twitter issues on twitter, so the site was obviously still working.

people weren't tweeting while they were having problems. they tweeted when they got back on.

 

[CaughtInThe]

 

[Bucky]

people weren't tweeting while they were having problems. they tweeted when they got back on.

Incorrect!

The twitter app was working, desktop was not.

I have time stamps and tweets to prove this.

 

[Redress]

Incorrect!

The twitter app was working, desktop was not.

I have time stamps and tweets to prove this.

So you admit that Twitter is unstable for desktop users. Apparently those people who did nothing(according to what some guy on the internets heard) actually did something...

 

[Port & Starboard]

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.

I thought Twitter had 7500 employees?

 

[BlueTex]

 

[BlueTex]

Incorrect!

The twitter app was working, desktop was not.

I have time stamps and tweets to prove this.

Did the outage last night have a direct, immediate impact on revenue?

 

[BirdinHand]

Incorrect!

The twitter app was working, desktop was not.

I have time stamps and tweets to prove this.

Funny…when Twitter had all those employees that “did nothing” (according only to you), Twitter didn’t have outages.

Social media companies having outages is a sign of technical issues at the company.

 

[BlueTex]

Funny…when Twitter had all those employees that “did nothing” (according only to you), Twitter didn’t have outages.

Social media companies having outages is a sign of technical issues at the company.

More importantly, it’s also lost revenue for the company.

Twitter bills advertisers on a billable action model. Billable actions can only occur when the site is running.

 

[BirdinHand]

More importantly, it’s also lost revenue for the company.

Twitter bills advertisers on a billable action model. Billable actions can only occur when the site is running.

Yep.

Ads can’t run when the platform isn’t operable.

No impressions or clicks to generate revenue.

Guess all those people who did “nothing” actually did something.

(And we haven’t even touched on the other behind the scenes gaps that now exist where they didn’t before)

 

[CaughtInThe]

Incorrect!

The twitter app was working, desktop was not.

I have time stamps and tweets to prove this.

Maybe after he fires himself as CEO they can better support their computer app.

A hack, of course, is in their future. That certainly won't help confidence in him/them.

 

[BlueTex]

Maybe after he fires himself as CEO they can better support their computer app.

A hack, of course, is in their future. That certainly won't help confidence in him/th

I would bet this has something to do with last nights outage...

Twitter is shutting down its data center in Sacramento, and will downsize its facility in Atlanta, Platformer's Zoë Schiffer reports. The decision was previously rumored in November.

The company operates three main facilities in the US, with its remaining site in Portland, Oregon, expected to take the increased load. It is not clear if Twitter has done an analysis of the migration and whether the remaining servers can handle the load - when the Sacramento data center collapsed in September it caused a system outage. The move is expected to happen as soon as early January.

Twitter also has cloud contracts with Amazon Web Services and Google Cloud, but new owner Elon Musk is believed to be trying to renegotiate the contracts and cut expenses.

At the same time, he said that he plans to release new services that will require more storage and compute, including long-form high resolution video.

Former Twitter employee Sasha Solomon, who was fired after tweeting "sighhhhhhhhhhhhhhh" about Musk's acquisition, responded to the data center closure report with: "Omfg like good luck when a failover needs to happen. So excited to see what 1-ish data center can do with all of Twitter's traffic."

Fellow former Twitter staffer Gerard Taylor added: "I'm just thinking about how many aurora files are hardcoded to only use SMF1. There's going to be at least one outage guaranteed."

https://www.datacenterdynamics.com/en/news/report-twitter-is-shutting-down-sacramento-data-center-downsizing-atlanta-facility/

 

[BlueTex]

Maybe after he fires himself as CEO they can better support their computer app.

A hack, of course, is in their future. That certainly won't help confidence in him/them.

Another hack could violate the consent decree Twitter is already under...

U.S. FTC asks Twitter if it has resources to comply with consent decree

The U.S. Federal Trade Commission, which enforces rules against deceptive practices, has contacted Twitter to ask if the company still has the resources to comply with a privacy consent decree, a person familiar with the matter said on Thursday.

www.reuters.com

 

[The AntiDonald]

Lol. You discredit a financial podcast because it only has 100k subscribers.

I then cite one of the most watched non-sports cable programs and you cite it for low-information people.

Once again, live in your echo chamber.

All that tells us it that there are a very large number of uneducated morons who fawn over Tucker Carlson. Doesn't mean his content is honest or real.

 

[BlueTex]

All that tells us it that there are a very large number of uneducated morons who fawn over Tucker Carlson. Doesn't mean his content is honest or real.

Hell, one of my kids has an instagram account with well over a million followers.... LOL

 

[CaughtInThe]

Former Twitter employee Sasha Solomon, who was fired after tweeting "sighhhhhhhhhhhhhhh" about Musk's acquisition, responded to the data center closure report with: "Omfg like good luck when a failover needs to happen. So excited to see what 1-ish data center can do with all of Twitter's traffic."

Holy shit.

 

[highroller]

Twitters revenue model was carefully wading through the sea of users to attract the most advertising dollars as possible. The model required teams of people to review tweets and compare them to the TOS. Musk broke that model. Soon he’s going to be asking for a government bailout for twitter.

He also fired the people who build the system and they have now taken their knowledge with them forever.