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The biggest example of FU money in history - Twitter

Posted on 11/18/22 at 6:53 am
Posted by CharlesLSU
Member since Jan 2007
31961 posts
Posted on 11/18/22 at 6:53 am
First, I have to believe Elon has a plan…..remember when he and Tesla were doomed?

That said, maybe he’s tired of the nonsense and has the ability (FU money) to watch it all burn.

Either way, what we are witnessing is a good thing.
Posted by LSU-MNCBABY
Knightsgate
Member since Jan 2004
24392 posts
Posted on 11/18/22 at 6:55 am to
I’d think he has a plan, but yes it’s been pretty entertaining
Posted by frequent flyer
USA
Member since Jul 2021
3063 posts
Posted on 11/18/22 at 6:55 am to
It’s not burning. There was an immense amount of fat there and they are pissed about getting a pink slip.
Posted by jdd48
Baton Rouge
Member since Jan 2012
22173 posts
Posted on 11/18/22 at 6:56 am to
Elon vs AOC is like a grown man playing against kids in pop warner football.
Posted by carhartt
Member since Feb 2013
7745 posts
Posted on 11/18/22 at 6:56 am to
I wish he had FU money for Facebook. It and Twitter need to both be burned to the ground.
Posted by CharlesLSU
Member since Jan 2007
31961 posts
Posted on 11/18/22 at 6:56 am to
I almost wish he’d ignore that whack job…..she’s not worthy.
Posted by pankReb
Defending National Champs Fan
Member since Mar 2009
64968 posts
Posted on 11/18/22 at 6:58 am to
everything Elon has touch has gone up in flames(literally)....

....at first. And then he pushes the company past those failures into wild successes.

Teslas couldn't stop catching on fire at first. Then they figured out how to make them work.

Space-X couldn't stop crashing rockets. Then they figured out how to make them work.

I have full faith that he and his crew will figure it out with Twitter. But I fully expect Twitter to be vastly different on every single level than the Twitter we knew. It would probably do better for him to relaunch it entirely under a new name.
Posted by Samso
nyc
Member since Jun 2013
4742 posts
Posted on 11/18/22 at 6:59 am to
He didn’t put up the entire 44B. He has bank financing and VC money backing him. There’s no way he just lets it burn.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
135220 posts
Posted on 11/18/22 at 7:00 am to
Sounds like he's lifted the curtain on the entire tech industry and they're realizing that their stock inflation schemes are over
Posted by HoustonGumbeauxGuy
Member since Jul 2011
29797 posts
Posted on 11/18/22 at 7:04 am to
You can support him or not, but this guy has a vision

He’s not that rich by accident
Posted by hellifiknow
Alabama
Member since Dec 2014
408 posts
Posted on 11/18/22 at 7:06 am to
A guy who can launch rockets better than NASA can certainly figure out what to do with Twitter.
Posted by jcaz
Laffy
Member since Aug 2014
15920 posts
Posted on 11/18/22 at 7:07 am to
There are losers out there that said Elon just bought Tesla and kicked out the founders and he did nothing. They also say he started a rocket company and hired smart people to build those rockets and he doesn’t deserve credit.
Can’t wait for Twitter to be a wild success with 10% the workforce and these same idiots say it’s all thanks to the previous CEO.
Posted by CharlesLSU
Member since Jan 2007
31961 posts
Posted on 11/18/22 at 7:07 am to
Honestly, I get that. There’s no way this is a simple grudge match (a tad of it is). Not at the 44B level.
Posted by Larry_Hotdogs
Texas
Member since Jun 2019
1363 posts
Posted on 11/18/22 at 7:07 am to
quote:

But I fully expect Twitter to be vastly different on every single level than the Twitter we knew.


He’s said as much in interviews, indicating he believes it can be much more - similar to the Chinese analog app. Part of what I enjoy about Musk is his ability to disrupt a market, but part of why I am skeptical is because I don’t necessarily share some of the ideals. He’s been more than net positive for the world though, so I am in the wait-and-see camp.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67051 posts
Posted on 11/18/22 at 7:08 am to
I’m just here to the liberal tears….errr, centrist tears.
Posted by Sun God
Member since Jul 2009
44874 posts
Posted on 11/18/22 at 7:09 am to
Bronc, whatiknowsofar, and Foy have all declared Musk’s purchase a complete failure

Three level-headed centrists who truly understand tech unlike us retards
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
135220 posts
Posted on 11/18/22 at 7:13 am to
Posted by pankReb
Defending National Champs Fan
Member since Mar 2009
64968 posts
Posted on 11/18/22 at 7:15 am to
quote:


Bronc, whatiknowsofar, and Foy have all declared Musk’s purchase a complete failure


This is how I know Elon's twitter purchase will succeed.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 11/18/22 at 7:15 am to
quote:

Sounds like he's lifted the curtain on the entire tech industry and they're realizing that their stock inflation schemes are over


That's the hilarious part about all the people on the left here saying he is destroying twitters value by the hour.

No. Twitters value was hyperinflated by lying about its traffic and users. It was all bullshite
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
52037 posts
Posted on 11/18/22 at 7:17 am to
quote:

everything Elon has touch has gone up in flames(literally)....

....at first. And then he pushes the company past those failures into wild successes.



This really is the key. There's been a LOT of fluff and fat added at Twitter for its employees while the company has continued to burn deep into annual deficits. Turning it around was never going to be easy nor pretty; if anyone can do it though, it's Elon.
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