As Twitter ditches its iconic branding in favor of owner Elon Musk's favorite letter "X," its open source competitor Mastodon is once again seeing usage numbers soar.
It’s not just lemmy that’s benefiting from Elon Musk.
Which is where my conspiracy theory falls apart. It mainly rests on fact that most of these decisions seem deliberate. Even an idiot by this point might start worrying about the loss of money. As much as he has, 40bil is considerable.
Considering that most of the market was stupidly overpriced, if you had 100b of worth in overpriced stock, and you had to choose between spending it or waiting for it to lose value over the next few months, what would you do?
I wouldn’t buy Twitter, fire everyone, chase off a lot of the good people and then change the name. If I felt like Twitter was the only plan, I would have negotiated a fair price, worked with the people on what was already working and wasn’t, kept everyone on until you knew how it ran, kept the worldwide, known name and probably paid my rent, lol. I’m not a “genius” in business, but I do know that this is probably the best I could have done.
Okay okay, now add the egotistical jerk trait and reevaluate the scenario?
You forget that it was an impulse offer, and he thought that most people that work at the company did not deserve to work there. He grossl overestimated how many new slave devs would be willing to replace the devs he fired. Experienced devs still get good pay and offers they don’t need to grind for cheap for Elon.
Which is where my conspiracy theory falls apart. It mainly rests on fact that most of these decisions seem deliberate. Even an idiot by this point might start worrying about the loss of money. As much as he has, 40bil is considerable.
It’s not his money though, so your theory hasn’t really fallen apart. Some of it his money but he’s been hanging with the saudis and murdoch.
Considering that most of the market was stupidly overpriced, if you had 100b of worth in overpriced stock, and you had to choose between spending it or waiting for it to lose value over the next few months, what would you do?
I wouldn’t buy Twitter, fire everyone, chase off a lot of the good people and then change the name. If I felt like Twitter was the only plan, I would have negotiated a fair price, worked with the people on what was already working and wasn’t, kept everyone on until you knew how it ran, kept the worldwide, known name and probably paid my rent, lol. I’m not a “genius” in business, but I do know that this is probably the best I could have done.
Okay okay, now add the egotistical jerk trait and reevaluate the scenario?
You forget that it was an impulse offer, and he thought that most people that work at the company did not deserve to work there. He grossl overestimated how many new slave devs would be willing to replace the devs he fired. Experienced devs still get good pay and offers they don’t need to grind for cheap for Elon.
Can’t relate, I have no idea.
Tax write off perhaps?