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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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52366892 No.52366892 [Reply] [Original]

buys a business entirely dependent on advertising.
advertisers plead with him to protect brand safety
immediately fires all the people who's job it was to unsure brand safety
to ad insult to injury, blocks the ad execs
digs an even bigger hole by making verification completely useless, entire app gets flooded with impostors.
all major companies and ad firms suspend ad campaigns
money dries up
company now months away from bankruptcy

"how did this happen? must be those dram libs trying to kill free speech!"

>> No.52366910

>>>/t/witter eceleb rat

>> No.52366919

>>52366892
I don't understand how this retard has so much money

>> No.52366924

>>52366892
Kys

>> No.52366927

West coast to east coast without touching the steering wheel by the end of 2017.

The hyperloop is easy

Solar. Freaking. Roadways.

>> No.52366942

>>52366919

He's been grifting since day 1, has anyone even bothered to verify anything about him???

>> No.52366946

Im just not going to hate him :)

>> No.52366947

>>52366892
(((Advertising))) The less the better. Also the world will be better without Twitter and Musk. What's the problem?

>> No.52366949

>>52366892
his hair is fake

>> No.52366950

>>52366892
>advertisers throw a tantrum for a few weeks
>come back later because Twitter still draws eyeballs

>> No.52366970

>>52366919
he has had 4 successful ventures. how many have you had?

>> No.52366974

>>52366892
No way that's still the same guy who launched his car to fucking mars. Founded tesla and everything.

>> No.52367001

>>52366892
I don't know who this is but he sounds based

>> No.52367017

>>52366974
orbit not mars and it was fake

>> No.52367038

>muh (((advertisers)))
>muh (((brand safety)))
He is owning the kikes. The will throw a shitfit for a few weeks and then quietly come back when the npcs have a new "current thing" because twitter is objectively one of the best places to advertise in the whole world due to its number of active users

>> No.52367081

>>52366892
Being a CEO is hard work. Not just anyone can get 44 billion to purchase a company. I think you just don't know what he is doing. Sorry wagie, you couldn't actually run twitter either.

>> No.52367288

>>52366919
Your iq is too low clearly learn about business

>> No.52367304

There's no such thing as advertising. It's a myth. Doesn't do anything. It's a legal way to bribe a platform to censor political speech and steer public discourse in the desired direction. Twitter can drag 10 times more eyeballs and advertising there still won't be worth it.

>> No.52367375

Every advertiser who left is destined to come back because nobody is actually leaving Twitter. If they want people to put their eyeballs on their ads they have no choice.

>we'll just make our own Twitter
Just stop. This isn't circa 2006 anymore where Friendster and MySpace and 1000x other things can thrive out of nothingness. Twitter has SSO baked into like 80% of the internet that normies visit so this isn't something you can just outcompete. You might as well say at this point "Just go make your own intercontinental railroad."

>> No.52367397

>>52367304
Twitter was (emphasis on "was") making 1 billion per quarter from advertising, 98% of all their revenue
it's called "capitalism", you should look into it

>> No.52367407

>>52366892
>be SBF
>picunrel

There, fixed it for you.

>> No.52367433

He's such a poor ceo it's insane.

>> No.52367502

musk is intentionally trying to kill twitter

US stock market is going to crash, so they need an excuse, and twitter fits in perfectly.

Controlled chaos basically

USD has collapsed just need an official announcement

Gold standard coming back. Gaddafi won.

>> No.52367744

>>52366970
You're a turbo-shill. We all know he had successful ventures. The question is how such a retard managed to have that many successful ventures.

>> No.52367846

>>52366892
Can any banking jew explain what Musk is trying to accomplish here? He can't be that retarded. he literally tanked the company within one week. Is there something i'm missing?

>> No.52367937
File: 531 KB, 1284x1871, 4C1F0C32-EB6E-493D-BE41-E49C8889233C.jpg [View same] [iqdb] [saucenao] [google]
52367937

>>52366892
Ccp $$ is al the saffa rat needs

>> No.52367965
File: 125 KB, 896x803, tesna-china2.jpg [View same] [iqdb] [saucenao] [google]
52367965

>>52367937

>> No.52368111
File: 131 KB, 1170x941, signal-2022-11-11-19-32-07-421.jpg [View same] [iqdb] [saucenao] [google]
52368111

>>52366892
Why wouldn't advertisers be flocking to this platform?

>> No.52368148
File: 47 KB, 1284x542, 1659315717462.jpg [View same] [iqdb] [saucenao] [google]
52368148

maybe he has a super secret plan

>> No.52368169

>>52367744
>he had multiple successful ventures
>he's a retard

>> No.52368176

>>52367397
Twitter "was" never profitable and was merely an avenue for propaganda. It's about as much of a capitalist venture as the Manhattan Project.

>> No.52368180
File: 98 KB, 640x920, ic9k38kk98z91.jpg [View same] [iqdb] [saucenao] [google]
52368180

>>52368111
>>52368148

>> No.52368253
File: 64 KB, 548x789, name & shame.png [View same] [iqdb] [saucenao] [google]
52368253

>>52366892
Judging by by behavior on Twitter, I wonder if he's genuinely trying to bankrupt the company.
But why?

>> No.52368370

>>52368253
This tweet is fucking retarded. The companies pulling their ads off twitter are bragging about it on their socials. Man these MAGA turds are so dumb.

>> No.52368405

>>52366949
Being bald crushes you. I know this first hand.

>> No.52368425

>>52368370
This is what happens when you get too high on your own farts. See also the midterms.

>> No.52368428

>>52366892
another thread with this faggot
you know what the ESG rating is?
kys and stop posting eceleb threads

>> No.52368452
File: 288 KB, 1284x967, FDC3A244-AB2F-4657-9E53-E6D7FDF81DC3.jpg [View same] [iqdb] [saucenao] [google]
52368452

>>52368253
>trying to stop free speech
>bans people for talking about Taiwan

Oh vey Elon very cool

>> No.52368511
File: 30 KB, 711x357, tweet.jpg [View same] [iqdb] [saucenao] [google]
52368511

>>52368428

>> No.52368515
File: 100 KB, 210x195, 1475602695066.png [View same] [iqdb] [saucenao] [google]
52368515

>>52366892
I love this. Elon's learning that maybe the unregulated do-whatever-you-want, say-whatever-you-want, anything-goes paradigm isn't such a good idea on a business whose main source of revenue is predicated upon advertisers. Too bad the rest of his dick-suckers haven't gotten the message.

>> No.52369255

>>52368169
yes

>> No.52369716
File: 137 KB, 516x330, 1651965723868.png [View same] [iqdb] [saucenao] [google]
52369716

>>52367397
revenue doesn't mean profit

take the revenue, subtract the expenses, and it's never made any profit except like 2 quarters of it's entire existence. it just bleeds investor money. it is a furnace for money, that's why elon desperately wanted to pull out of the deal after sobering up on that fact, but already signed a legally binding contract. he's fucked himself badly

>> No.52370212
File: 202 KB, 1654x771, elon musk tweet.png [View same] [iqdb] [saucenao] [google]
52370212

Is he completely delusional or should I trust the plan?

>> No.52370228
File: 173 KB, 623x1024, 1659013119878457.jpg [View same] [iqdb] [saucenao] [google]
52370228

chuds btfo

>> No.52370244

If Elon deleted twitter.com and refused to sell it to anyone else I'd call that a win.

>> No.52370272

>>52366892
Paidniggers glowing & seething so much in this thread its unreal kek

>> No.52370274

>>52366892
>advertisers plead with him to protect brand safety

You took too many blue pills, son

>> No.52370275
File: 27 KB, 598x341, dumb things.png [View same] [iqdb] [saucenao] [google]
52370275

>>52370212
>should I trust the plan?
There is no plan

>> No.52370365

>>52367744
He's not retarded he has a sense of humor and likes pissing people off

>> No.52370385

>>52367846
>He can't be that retarded
Lol
Lmao

>> No.52370406

>>52366919
Jews used his company for the biggest pump and dump ever

>> No.52370455

>>52370275
>we will keep what works
Nothing works so hopefully he deletes the entire website

>> No.52370469

>>52366947
This.

>>52366919
Daddy's money and amazing timing. If he made paypal today it would flop within 6 months.

>> No.52370477

>>52366892
fuck off with your 'brand safety'

>> No.52370531

>>52366892
After stumbling onto the YouTube rabbit hole of explaining why every idea he has is fucking stupid with shit like the hyper loop and underground highway, I genuinely don't believe how anyone was ever tricked into following this retard

>> No.52370578

>>52366892
>buys a business entirely dependent on advertising.
>jewish supremacist advertisers plead with him to protect jewish supremacy
>immediately fires all the people who's job it was to ensure jewish supremacy
>to add insult to injury, blocks jewish supremacists
>jewish supremacists companies and ad firms suspend ad campaigns
>money dries up
stop worshipping jews, chud

>> No.52370623

>>52370578
>>buys a business entirely dependent on advertising.
>>jewish suprem
Stopped reading right there take your meds

>> No.52370636

>>52370623
shut up you jewish supremacist fascist authoritarian piece of shit

>> No.52370739
File: 1.17 MB, 2518x1550, twitter.png [View same] [iqdb] [saucenao] [google]
52370739

>>52370578
Haha what a loser. He doesn't even commit to free speech by the way, he backtracked like crazy yet he still got destroyed by advertisers.

>> No.52370809
File: 75 KB, 385x363, 98b.png [View same] [iqdb] [saucenao] [google]
52370809

>>52366892
Nobody here is invested in twitter so fuck off.

>> No.52371661

>>52366970
https://www.youtube.com/watch?v=c-FGwDDc-s8&t=969s

Elon musk is basically a conman and sociopath

>> No.52371674

>>52366892
It's not a business, it's a propaganda tool. Nobody ever made money running Twitter

>> No.52371765

>>52366892
>a million trolls for hire from Myanmar are shitting up every board paid to talk shit about elon musk
Looks like somebody that got fired from twitter is a wee bit upset. waaaaaah contact the troll farms to talk bad about mr baddy bad on the internet LMFAO xDDDD

These threads are pathetic.

>> No.52371768

they were attacking him before he even fired anyone. that yoel roth guy quit, as did many others.
hopefully they can weather the storm, the dowsizing was honestly inevitable.

>> No.52371769

>>52366919
Building up a team of smart people to run his ventures for him
That's why Twitter is going so badly wrong
He's trying to run it himself

>> No.52371784

>>52366892
this was always his plan, to nuke it all both client side and company side. Twitter is the main platform of the left and this is his strat to chase them away. just making it another Truth Social and algorithmically boosting shills would have made them too stubborn, feigning incompetence is more effective.
He realized this whole thing was going to cost more than he was willing to lose, so he tried to back out initially. but he's still going to have fun burning it down now that he's stuck with it. honestly kind of fucked that you can just buy opposition away, and to go this far too. but hey burgers are willing to literally kill themselves with chinese bioweapons to pwn the libs so this isn't too surprising.

>> No.52371787

>>52371661
>it wasn't musk, it was his co-founders!
this isn't the own that person thinks it is. also lmao at thinking $28,000 from his father is noteworthy.
yeah, he had connections. like every rich person. it's a prerequisite.

>> No.52371830

Elon being forced to buy Twitter and it being a failure for him so far is the funniest shit of 2022

>> No.52371840

>>52368111
Holy kek that Biden one

>> No.52371856

>>52371840
It's pretty wild right now
For just $8 you can pretend to be verified as anyone you like (only on iPhone)

>> No.52371900

>>52366892
Nothing makes me laugh harder than how much this dude makes all you losers seethe. I’m not even an Elon shill but you gotta respect how he manages to make half of the entire internet cry themselves to sleep over every little thing he does. Literally why do you faggots care so much about what happens to Twitter

>> No.52371984

He bought a company that's never turned a profit and has no place to increase its market share....
A fucking massively inflated tech company too

How do you expect any sort of return on that investment, why not make your own Twitter for 50 grand...

>> No.52371999

>>52370531
Hyperloop and mining machines is all prep for Mars..... have you not been following ? Same with fucking electric cars, solar panels/batteries, etc

All for mars

Dnno what Twitter is about though

>> No.52372022

>>52366892
It's even funnier when you consider that he has to conjure up around $1b a year for debt servicing for the loan he took out to buy Twitter. Can't wait for this scumbag to end up in federal prison.

>> No.52372031
File: 157 KB, 491x512, 1571960279421.png [View same] [iqdb] [saucenao] [google]
52372031

>>52366919
Its easy to make money when you have money. Its easy to make money when you are famous.
Its easy to make money when you are famous enough to manipulate the market.

Now he's stuck trying to save the thing he wanted to destroy by trolling and market manipulation. Thanks for playing, Elon.

>implying elon wont read this

>> No.52372091

>>52371900
>Nothing makes me laugh harder than how much this dude makes all you losers seethe. I’m not even an Elon shill but you gotta respect how he manages to make half of the entire internet cry themselves to sleep over every little thing he does.
In the past, many of my posts were borderline dickriding Elon. What changed is Elon insists on playing the same card over and over again (ie trolling on twatter to manipulate whatever market he's shorting or longing). It gets old eventually and the market apparently has come to find it to be more humorous to fuck him over.

>> No.52372112

>>52366970
He got successfull only thanks to subsidies from governmnent, terms of which he breaks constantly . Even his "free" help to Ukraine is funded by US citizens taxes. On top of that, he fraudulently overcharged those services by 500% just to get more money from US government. US gov said enough is enough though, cut funding and now Musk stopped providing Starlink service to Ukraine because of that.
Also, define successful. SpaceX is money pit, Starlink is bleeding insane amount of money and is not competetive at all vs existing solutions (his competitors are profitable btw). Tesla kinda works if his business was EVs alone. Problem is he is constantly selling it as a company that produces self-driving cars, something he promised for years now. And it can make profit only thanks to subsidies.

He is a conman and should be treated as that.

>> No.52372128

>>52366892
Twitter was gay before and it's still gay
I don't give a flying fuck what he does with his money
Go back, faggot.

>> No.52372155

>>52366919
Who? Mr. Emeralds?

>> No.52372158

As far as I'm concerned, Musk destroying Twitter counts as community service. I don't care that he's a fraud and con artist, his manic depressive ass actually did a little good for the world. Twitter has been one of the major cancers of the internet. Meta, TikTok, and Google need to go down next.

>> No.52372180

>>52372091
That’s not what I’m talking about, it’s all the posters in here crying about government handouts, him getting lucky, being a conman, being born rich, right place right time, you name it. It’s just so much obvious cope, I truly do not get why his existence pisses people off so much. Like why do you even care nothing he does affects you unless you hold Tesla stock

>> No.52372198

>>52372158
finally someone that sees it how I do. No idea why people care about him destroying Twitter of all places. Hopefully he nukes Reddit next

>> No.52372216

>>52366892
“Make sure to invest in Crypt-“

>> No.52372241

>>52372180
> govermnent giving my tax money to a conman doesn't affect me
> retard polluting nightsky with tens of thousands of satellites doesn't affect astronomy
> public trust and health of sociaty is indifferent and we should not be bothered by socopiaths and liars getting air time on mainstream media
> we should be indifferent for people funding Musk's scams with their hard earned money which they will inevitably lose once his kingdom collapses

>> No.52372269

>>52372180
>dude why do you care conmen and corruption exist if it doesnt affect you directly

>> No.52372309

>>52367397
They don't make any money from selling data?

>> No.52372347

>>52368111
This is unironically an improvement to public discourse

>> No.52372408

>>52366892
>immediately fires all the people who's job it was to unsure brand safety
Less than 10% of the moderation staff were fired.

>> No.52372426

>>52372347
>public discourse
Not profitable.

>> No.52372427

>>52371984
He could've 4chan for 3 million dollars.

>> No.52372599

>>52366892
>muh brand safety
do people really want to buy goyslop less if they see some retarded add beside some retarded tweet? what retard thinks an ads = endorsements

>> No.52372660

>>52372599
Brand safety means that jews won't boycott you for supporting antisemitism.

>> No.52372678

>>52372427
I don’t think Hiro’s mysterious company is selling (they glow)

>> No.52372697

>>52366970
> 4 successful ventures
>He was bought off x.com because he was going to drive it underground.
>He bought Tesla after the founders did all the heavy lifting.
>Space X has been saved by the government more times than a welfare queen on crack
>What fourth venture? Twitter?

Musk is going to be the new Liz Holmes before 2029. Screen cap this

>> No.52372724

>>52366919
>retard
Why aren’t you wealthy then?

>> No.52372726
File: 523 KB, 1179x1050, 1668194619156939.jpg [View same] [iqdb] [saucenao] [google]
52372726

>>52370623
He's only repeating the words of the boycott ringleader

>> No.52372786

>>52372697
>>He bought Tesla after the founders did all the heavy lifting.
most obvious falsehood ever.
tesla was founded in July 2003, musk joined invested in February 2004, the first Roadster was produced in 2008.
so you're saying they did all the heavy lifting in 8 months and then they sat on their asses for 4 years before producing a car.
>Space X has been saved by the government more times than a welfare queen on crack
government contracts aren't handouts
>What fourth venture?
Zip2

>> No.52372797

>>52372198
I like how he destroys twitter but it's important to spread negativity to make sure it really does fail. My biggest fear is that it doesn't fail and paid subscriptions become normal.

>> No.52372821

>>52366892
The cost cuts means that Twitter will be profitable in 3-4 months time.

>> No.52372854

>>52366892
It's spelt add dumb cunt and what the tick is brand safety? Fuck yourself with your gay newspeak

>> No.52372969

>>52371830
I expect by the end of the year he will be saying something a long the lines of:
>Oh, it's MY fault everything sucks huh?
>Well I remember you cocksuckers laughing it up when I was forced in court to buy this house of cards.
>Who's laughing now?
>Worthless haters.

He's really been burned by the woke crowd.
He's almost angry that he's not getting recognition for his environmental contributions like making electric cars mainstream.
I think he's (finally) starting to realize that entire political sect is as fickle as an immature woman.
What he does next is anyone's guess.

>> No.52373158

>>52372786
>tesla was founded in July 2003, musk joined invested in February 2004, the first Roadster was produced in 2008.
Eberhard was the founder and CEO of Tesla until late 2007. As you correctly said the first Roadster was produced in 2008. Eberhard did all the heavy lifting before he was ousted by Musk in a coup. Also, Musk promised Eberhard the first roadster ever produced. Instead of giving him the first roadster he gave Eberhard the fourth one. Then shot the first one to space, because he's a petty little baby.

>government contracts aren't handouts
I'm not talking about contracts. I'm talking about handouts. So far Space X has received more than 7 billions USD in tax breaks and subsidies by the american government. That's handouts.

>Zip2
Lol. You mean the company Musk founded with his brother Kimal? The cook that has never written a single line of code? Zip2? Really? The company that compaq shut down 24 months after buying it out without ever making any profit off of it? The one that Compaq itself admited was a bad investment motivated by the dot com bubble.

Seriously dude, stop sucking Musk dick. It's unbecoming even if you're 12.

>> No.52373183
File: 186 KB, 500x206, 02D1A120-8DB2-4480-88BE-FDE63C3C82BA.png [View same] [iqdb] [saucenao] [google]
52373183

>>52372969

>> No.52373202

>>52366892
Almost as if the entire tech industry is in a controlled free fall demolition right now

>> No.52373263

>>52366950
I'm slowly coming around to what Elon is doing. He openly voiced that he wanted it to make a decent chunk of money off of subscription services rather than raw advertising. (Which also means he's still holding the reins at the end of the day.) I think he's going to take a less-gay plebbit route where people can filter what they want to see and what they don't want to see but general category or some shit like that. Only thing is bots/noise will come at the added cost of subscriptions - so he wins from those as well. I think the chaos will calm and this will prove to be actually be better than it initially seems.

>> No.52373293

>>52367375
This fag gets it.

>> No.52373340

>>52366919
Parents are billionaires that lived in South Africa during the apartheid. Literally opened up multiple trust funds for him and let the money collect. Waited for him to go out into world on his own and supported him through proxies.

How many people just move to Canada without any real skills and instantly become billionaires?

>> No.52373485

>>52373263
>he wanted it to make a decent chunk of money off of subscription

Let's see:
>$8 a month for verification
>Musk has to pay 1 billion in interests for the money he put as collateral to buy twitter
>$1000,000,000 / $8 = 125,000,000 / 12 months= 10,500,000
>Twitter needs 10 million people a month to buy the $8 package just to stave off the interests.
>"But... but... but... ad revenue..."
Yes, twitter has ad revenue, that ad revenue could go to recoup the initial investment:

>Twitter best year ever was 2019
>1.5 billions in total revenue
>Musk just needs to replicate the best year of the company, every year, for 30 ininterrupted years to recoup the initial investment.

So... Musk just needs to keep twitter working at its best year level and sell 10 million of those $8packs to 10 million user every month for the next 30 years. Afterwards, he'll be in the black.

>> No.52373613

>>52373485
Now - and here's a crazy thought - I wonder if subscriptions are just the beginning and if he has other plans to evolve the platform? I know, I know. Companies don't do that. That's why people still get Netflix mailing shit to them. But maybe, just maybe, he sees subscriptions as a step towards something different. Hmmm....

I'm not shilling for him, I don't own any Twitter, but I'm at least smart enough to realize that he likely didn't just do this "for the lols". Twitter would be a dying platform anyway and would lose ground to TikTok and other retarded time wasters - it needs to adapt and innovate.

>> No.52373615

>>52373485
He obviously didn't care about it making a profit. Twitter was losing 4 million a day before he got it. The value of twitter is that it's a category killer for direct propaganda.

>> No.52373759

>>52373613
>he likely didn't just do this "for the lols"
He did it to spite Grimes.

>He obviously didn't care about it making a profit.
He said that himself. Then he did everything in his power to avoid buying it. He had to be sued into buying it. If profit wasn't his motivation he could've bought it before he himself devalued it so much with his retarded comments.

Mark my words, if china doesn't buy twitter out, it's going to go bankrupt before 2023.

>> No.52374153

>>52373340
Thats literally false lmao they were an upper class engineer family you retard

>> No.52375698

>>52366919
>I don't understand
>retard

>> No.52375750
File: 347 KB, 828x1026, 1667370540102091.jpg [View same] [iqdb] [saucenao] [google]
52375750

>>52373759

>spite Grimes

She's doing that herself.

>> No.52375806

>>52366892
>your profit margins are 30%
>lose 50% money in ads

>fire 80% of the staff reducing costs by 80%

>you just doubled your profits

thats why hes rich and OP is poor

>> No.52375808

>>52375750
What the fuck happened to her? She was never drop dead gorgeous, but this looks like she's trying to be fugs.

>> No.52377330

>>52366892
Whenever you see an anon acting like this is a bad thing you just know it's one of the garbage OPs that make twitter screencap threads.

>> No.52377929

>>52366892
it's funny how much you miss out on when you're away from social media for a couple of weeks, and I was just spending the money my dext bags left me kek

>> No.52378011

>>52366892
>"how did this happen? must be those dram libs trying to kill free speech!"
Yes exactly. Who do you think the advertisers are? All liberal worthless KIKES

>> No.52378053

>>52367846
Either he’s deliberately trying to kill Twitter out of spite or he’s a moron. If he turns it around he’s still a moron, all of these mistakes are not necessary.

>> No.52378065

>>52369255
then the retard is better than you will ever be

>> No.52378186

>>52366919
Emerald mines and government subsidies

>> No.52378248
File: 801 KB, 167x167, 1557699383522.gif [View same] [iqdb] [saucenao] [google]
52378248

>>52366892
>entire app gets flooded with impostors
are you telling me Stacey Bobsoncock is just another pajeet image saved on my vista? get out of dodge.

>> No.52378502

>>52372158
I still think that Twitter is especially cancerous from any other social media due to its general format and over-curation. Destroying the whole thing is a must.

>> No.52378530

>>52366919
He builds cheap and effective rockets and satellites for the USAF. He’s irreplaceable (for now) and he knows it.

>> No.52378563

>>52366919
long ago, like at the dawn of the internet, he sold a half-ass website for like 1.2billion that was worth like a couple mill, walked away with 25mm from that deal. and that's how it started.

>> No.52378573

>>52366974
The finasteride is rotting his brain

>> No.52378775

>>52366970
all those were hostile take overs. Hes just good at spotting companies.

Most of his wealth is on the retardedly overvalued TSLA shares.

Space-X is the only good company he watches over, but its 99% government funding and scientists/engineers. He has no substantial involvement in the engineering really.