• Lovely_sombrero [he/him]
    ·
    2 years ago

    "I will explain the rationale in longer form"

    The rationale: "I want your money"

  • Hoyt [he/him]
    ·
    edit-2
    2 years ago

    lol twitter debt financing is set to go from $30m/yr to $1by/yr because somehow youre able to buy a company and make that company carry the debt risk for its own purchase. The most twitter has ever made in a year was $660m. Elon is searching the fucking couch cushions here. I've heard that even if every blue check subscribes for $20/mo, it would work out to about $30-60m/yr, not even close to enough. We may be 5 years out from twitter just going bankrupt.

    • Teekeeus
      ·
      edit-2
      20 days ago

      deleted by creator

      • solaranus
        ·
        edit-2
        1 year ago

        deleted by creator

        • Tankiedesantski [he/him]
          ·
          2 years ago

          The CIA has its own private equity fund(s) and venture capital companies so if they need to recapitalize Twitter on the quiet, they'll use those.

          https://www.wsj.com/articles/the-cias-venture-capital-firm-like-its-sponsor-operates-in-the-shadows-1472587352

        • Hoyt [he/him]
          ·
          2 years ago

          Nationalize twitter, repurpose the TSA to scan your posts

      • Hoyt [he/him]
        ·
        2 years ago

        interesting point, i guess we'll see in the end. on the flip side it's not like its the only social platform out there, and im not sure the influential and powerful out there enjoy having a thousand people point out how much of a dumbass they are in every post they make

  • Sea_Gull [they/them]
    ·
    2 years ago

    Good god what a terrible business man. He could get so much good PR by just making Twitter free of ads and subscription fees. He could afford it and it would be a free advertising platform for Tesla garbage.

    But credit to him for proving day after day that wealth doesn't equate to skill or savvy.

    • UlyssesT
      ·
      edit-2
      11 days ago

      deleted by creator

  • BabaIsPissed [he/him]
    ·
    2 years ago

    oh, so it'll be some completely harebrained shit like "if every legit user buys the blue check, then we would know who the bots are"

    • GrouchyGrouse [he/him]
      ·
      2 years ago

      People paid lowtax multiple times after getting banned from something awful.

      I can see some bot site going "meh it's 80 bux" and setting up ten bots - with checks this time!

  • AssaultRifle15 [he/him]
    ·
    2 years ago

    I support Steven King in his bullying CEOs into lowering their prices by more than half.

  • TheLepidopterists [he/him]
    ·
    2 years ago

    King might appreciate the trolls being defeated though; if they were gone who could trick him into publicly supporting holocaust perpetrators?

  • POKEMONGOTOTHEGULAG [none/use name]
    ·
    2 years ago

    Bluechecks complaining about this are full of shit. They are all addicted to twitter and love that the blue check makes them something better than the average user. Also I think it's funny that King thinks Twitter should pay him for his extremely valuable "Drumpf bad" tweets.

  • JK1348 [he/him]
    ·
    2 years ago

    #HumansOfLateCapitalism

    I'm off all social media but this plays out like some dystopian shit