xp problem is there's only one rich idiot willing to buy Twitter
― frogbs, Tuesday, 26 April 2022 19:55 (two years ago) link
xp self tho matt levine suggested a third use in that nyer interview i posted upthread which is using it to pump and dump other things, which of course is something elon has already done extensively but could do even more if he controlled the platform and had access to all its data
He might say, “Look, I get so much value out of this direct access to the public.” Owning that direct access to the public—owning that thing that creates so much value for Elon Musk and Tesla—it has to be valuable somehow, whether it’s by increasing the value that it creates for Tesla, or whether it’s by finding a way to monetize the value that it creates for sports stars and celebrities and Donald Trump and lots of other people. You know, Donald Trump’s tweets back when he was on Twitter could create billions or trillions of dollars’ worth of market moves, right? And Twitter never made a lot of money off of that. It’s not obvious how the company would, but if you’re sitting on top of a thing that can create that much value, surely, if you’re really smart then you can extract some value out of it.
― lag∞n, Tuesday, 26 April 2022 19:59 (two years ago) link
problem is there's only one rich idiot willing to buy Twitter
― frogbs, Tuesday, April 26, 2022 3:55 PM (three minutes ago) bookmarkflaglink
he could take it public again and rely on his arm of fans to buy it
he is actually on the record now about what he means by "free speech", and his definition is not maximally bad fwiw.
By “free speech”, I simply mean that which matches the law. I am against censorship that goes far beyond the law. If people want less free speech, they will ask government to pass laws to that effect.Therefore, going beyond the law is contrary to the will of the people.— Elon Musk (@elonmusk) April 26, 2022
― 𝔠𝔞𝔢𝔨 (caek), Tuesday, 26 April 2022 20:01 (two years ago) link
he definition seems idiotic, but it's not "twitter is now international waters"
twitter is maritime law
― lag∞n, Tuesday, 26 April 2022 20:02 (two years ago) link
flying under the "I LOVE CRICKET: THE CHINATOWN OF ILX" flag of convenience
― 𝔠𝔞𝔢𝔨 (caek), Tuesday, 26 April 2022 20:03 (two years ago) link
of course
― lag∞n, Tuesday, 26 April 2022 20:04 (two years ago) link
reasonable point
"Far" is the (welcome! and valuable!) giveaway that this is essentially bullshit https://t.co/OBvRQsW1as— Tom Scocca (@tomscocca) April 26, 2022
― lag∞n, Tuesday, 26 April 2022 20:14 (two years ago) link
eh, if musk were a careful writer i would agree, but i don't think a precise, word-level reading of musk tweets is a good use of scocca's time.
― 𝔠𝔞𝔢𝔨 (caek), Tuesday, 26 April 2022 20:27 (two years ago) link
but yeah, that tweet seems ... not inconsistent with max's thesis
It's utter gobbledygook.
― immodesty blaise (jimbeaux), Tuesday, 26 April 2022 20:28 (two years ago) link
i don't know about you all, but i'm still on @jack's enlightened path. i am following the thin clear light, not the thick smoky red and yellow lights
― Karl Malone, Tuesday, 26 April 2022 20:34 (two years ago) link
So $1bn/year in debt service on Twitter itself and almost that on his personal loans?
Twitter getting Toys R Us-ed would be pretty cool.
― papal hotwife (milo z), Tuesday, 26 April 2022 20:39 (two years ago) link
Levine mentioned bringing in equity for his personal stake - Musktokens sold to his most rabid fanboys to help him live the dream?
― papal hotwife (milo z), Tuesday, 26 April 2022 20:42 (two years ago) link
nice circular reasoning there you dumb idiot
― towards fungal computer (harbl), Tuesday, 26 April 2022 21:12 (two years ago) link
I wonder how he will react to endless bot creation of accounts that constantly put him down
attack of the Anti_muskbots
― | (Latham Green), Tuesday, 26 April 2022 22:59 (two years ago) link
does his purchase include the title of 'twitter founder'
― mookieproof, Tuesday, 26 April 2022 23:07 (two years ago) link
lol
― lag∞n, Tuesday, 26 April 2022 23:07 (two years ago) link
when will the $54.20 tweet be sold as a NFT?
― papal hotwife (milo z), Wednesday, 27 April 2022 01:07 (two years ago) link
The stock market does not really make all that much sense to me. I just don't see why businesses like Tesla and Twitter are hyped as being worth THAT much f'n money based on their actual sales. I get that they have unique technology and could grow into their big boy pants, but I can't get why they are worth like 8 times more than a company that sells 6-7 times more dollars worth of the same stuff. It just just doesn't seem to me that Microsoft or Oracle or any of the tech now true "bluebloods" were that out of whack in the days of 90s stock market hard on yore.
I got to go back to reading comics or listening to rock or playing guitar as if I start focusing on this stuff I wish the sun would go nova and wipe this planet out of the heavens.
― earlnash, Wednesday, 27 April 2022 01:22 (two years ago) link
It is pretty fucked up that for 99.9% of the planet money is a tangible thing that you only earn so much of each month but for certain ultra rich people it’s more of an idea which has nothing to do with your actual value or work ethic and is based on all sorts of imaginary concepts like speculation and leverage, plus can be manipulated in all sorts of (illegal) ways to ensure that the only people who will be affected by your shitty decisions are those who can afford it least
― frogbs, Wednesday, 27 April 2022 01:32 (two years ago) link
lol did not see the first part of that tweet
https://pbs.twimg.com/media/FRUGxSMWYAAigeA?format=jpg&name=medium
― lag∞n, Wednesday, 27 April 2022 01:38 (two years ago) link
If I got from one of the tweets I read, basically Twitters total sales is like Olive Garden...which would not have sold for 43Billion dollars. Is this correct or am I misunderstanding the situation?
― earlnash, Wednesday, 27 April 2022 01:53 (two years ago) link
"Free speech is the law, man"
https://thegatewayonline.ca/wp-content/uploads/2019/01/Elon-musk-blunt.jpg
― immodesty blaise (jimbeaux), Wednesday, 27 April 2022 01:58 (two years ago) link
to be fair the electric car market is due to undergo significantly more expansion than the family friendly italian chain restaurant market.
― ledge, Wednesday, 27 April 2022 12:03 (two years ago) link
hospitaliano has always been undervalued by wall street
― lag∞n, Wednesday, 27 April 2022 12:06 (two years ago) link
eyyy I make-a the sauce
― mh, Wednesday, 27 April 2022 13:23 (two years ago) link
I wish Italian Elon Musk bought Twitter instead.
― DAMAGED by Black Flat (Boring, Maryland), Wednesday, 27 April 2022 13:34 (two years ago) link
Oh wait you said twitter not tesla... nah i got nothing.
― ledge, Wednesday, 27 April 2022 13:37 (two years ago) link
No refundo
― DAMAGED by Black Flat (Boring, Maryland), Wednesday, 27 April 2022 13:44 (two years ago) link
like Olive Garden, Twitter offers unlimited sadness and fuckwits
― rob, Wednesday, 27 April 2022 13:48 (two years ago) link
i went to Olive Garden once and the busboy who walked by saw my shirt and said "Iron Maiden? (giggle) wow!"
you will find him buried under Tropicana Field
― Deez NFTs (Neanderthal), Wednesday, 27 April 2022 13:50 (two years ago) link
ah well nevertheless
It’s looking increasingly likely that Elon Musk will withdraw his $44 billion takeover offer for Twitter. https://t.co/Mcf7PbiC0a— Ian Fraser (@Ian_Fraser) April 27, 2022
(nothing definitive in the article just speculation fwiw)
― lag∞n, Wednesday, 27 April 2022 21:34 (two years ago) link
There are good reasons for him to get cold feet. The biggest is Tesla. The electric-vehicle maker’s stock has fallen around a fifth since Musk first revealed his stake in Twitter, partly because Musk may sell shares to fund his new adventure. If Tesla’s stock bounces back – likely if the Twitter deal falls away – the $40 billion of recouped wealth would more than make up for the break fee.
― lag∞n, Wednesday, 27 April 2022 21:35 (two years ago) link
the homonculi in my brain in my brain rn
https://i.imgur.com/2AYRAjc.png
― BIG HOOS aka the steendriver, Wednesday, 27 April 2022 21:44 (two years ago) link
announcing he's going to buy Twitter, posting a shitload about how he's going to "fix" it, then not actually buying it would be so incredibly in character
― frogbs, Wednesday, 27 April 2022 21:51 (two years ago) link
lmao i wish i could get my opinions posted on reuters.com
― 𝔠𝔞𝔢𝔨 (caek), Wednesday, 27 April 2022 21:55 (two years ago) link
just get a job as an opinion writer for reuters.com
― lag∞n, Wednesday, 27 April 2022 22:11 (two years ago) link
*takes notes*
― 𝔠𝔞𝔢𝔨 (caek), Wednesday, 27 April 2022 22:12 (two years ago) link
pic.twitter.com/1CE7rjBrNH— Elon Musk (@elonmusk) April 27, 2022
― lag∞n, Wednesday, 27 April 2022 23:34 (two years ago) link
The agreement also stated Musk would have to pay Twitter $1bn if he walks away from the deal.
That might make twitter actually profitable for a week or two
― Andy the Grasshopper, Wednesday, 27 April 2022 23:46 (two years ago) link
fucking timcast
― BIG HOOS aka the steendriver, Wednesday, 27 April 2022 23:46 (two years ago) link
lol Freddie DeBear:
https://freddiedeboer.substack.com/p/just-keep-it-off-my-timeline?s=r
― Malevolent Arugula (Alfred, Lord Sotosyn), Wednesday, 27 April 2022 23:57 (two years ago) link
DeBear quite pointedly speaks only in terms of "ideas" and "communication", which are nice neutral terms, he does mention "extremism" in passing, but he carefully doesn't mention that genocide, violent white supremacy, death threats, doxxing, and purposeful campaigns of lies or slander directed at groups or individuals all fall neatly under those innocuous headings "ideas" and "communication". He argues that nothing effective can be done to end these things, so nothing should be attempted.
I can't wait until he's the target of such "ideas" and "communication" to see how he likes the sit-on-your-hands approach.
― more difficult than I look (Aimless), Thursday, 28 April 2022 00:22 (two years ago) link
Gee Elon I wonder why Twitter seems biased against the party whose core platform is hate speech and misinformation
― frogbs, Thursday, 28 April 2022 00:39 (two years ago) link
I will never be tricked into clicking on a freddie dB link
― mh, Thursday, 28 April 2022 00:46 (two years ago) link
freddie is the ultimate making a guy up to get mad at guy
― lag∞n, Thursday, 28 April 2022 00:49 (two years ago) link
with age comes wisdom
(hb mh)
xp
― terence trent d'ilfer (m bison), Thursday, 28 April 2022 00:49 (two years ago) link
xp otm
― mh, Thursday, 28 April 2022 00:57 (two years ago) link