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re: Elon to TWTR employees: Not sure of how much run way he has left; bankruptcy possible too
Posted on 11/10/22 at 4:41 pm to c on z
Posted on 11/10/22 at 4:41 pm to c on z
Know a recession is coming
Overpay for a company that is famous for SJW users, ficky advertisers alot of expenses, lots of employees
TWT also known for not making alot of money relative to traffic
Offend advertisers who generate 90% of revenue
then Saddle it with $1 billion / year debt servicing payment
???
Genius i tell ya
Overpay for a company that is famous for SJW users, ficky advertisers alot of expenses, lots of employees
TWT also known for not making alot of money relative to traffic
Offend advertisers who generate 90% of revenue
then Saddle it with $1 billion / year debt servicing payment
???
Genius i tell ya
This post was edited on 11/10/22 at 4:43 pm
0
Posted on 11/10/22 at 4:41 pm to c on z
quote:
But, but, Elon is a genius
My goodness. Do you think bankruptcy is a failure of Elon’s or a way for him to turn a company that was hemorrhaging money into one that is profitable? Do you think bankruptcy means the company will cease to exist?
Clearly you have no idea what you’re talking about. Sad.
Posted on 11/10/22 at 4:43 pm to Street Hawk
I am just curious, was this not an issue with the former CEO? Seems like Elon is pretty transparent about the financial situation of the company. Were the former CEO & CFO going to lay off employees also?
Posted on 11/10/22 at 4:46 pm to Cosmo
quote:
This sounds out of context Twitter will be cheap to run once he cuts out 75% of workforce
Will advertisers stick around?
Posted on 11/10/22 at 4:47 pm to DirtyDawg
quote:
But, but, Elon is a genius
the share price he paid is less than 20 percent more than the share price prior to announcing his intentions. That is a standard valuation factor when taking a company from publicly traded to closely held by a single individual. Saying he got fleeced is silly. Posted on 11/10/22 at 4:48 pm to DarthRebel
quote:
This is a pretty bad look for you.
c on z’s LIFE is a pretty bad look for him.
Posted on 11/10/22 at 4:48 pm to J Murdah
quote:
I am just curious, was this not an issue with the former CEO? Seems like Elon is pretty transparent about the financial situation of the company. Were the former CEO & CFO going to lay off employees also?
Under the former CEO Twitter was losing about $50 million / year with about $2 Billion in revenues. Pretty much breaking even. Under Elon Twitter is now losing $1 Billion / year and apparently he has destroyed a lot of revenue.
Posted on 11/10/22 at 4:48 pm to Street Hawk
Good news: Yoel Roth out at Twitter as Head of Trust and Safety
Huge win. He was the second worst at Twitter behind Vijaya. This is like when Heydrich was assassinated.
Huge win. He was the second worst at Twitter behind Vijaya. This is like when Heydrich was assassinated.
This post was edited on 11/10/22 at 4:51 pm
Posted on 11/10/22 at 4:49 pm to Street Hawk
All social media needs to die. Well, most of it.
Posted on 11/10/22 at 4:50 pm to J Murdah
quote:
I am just curious, was this not an issue with the former CEO? Seems like Elon is pretty transparent about the financial situation of the company. Were the former CEO & CFO going to lay off employees also?
Publicly traded. Easier to play with other people's money. Elon took it private and added billions to Twitter debt in the process. He set money on fire.
Posted on 11/10/22 at 4:51 pm to Eighteen
quote:
So the geniuses were the losers running the company losing 4 million dollars a month?
It wasn't losing that much when he bought it. If he paid $44 Billion for a company that was losing $4million a month the guy has some serious mental issues.
He's not a "genius". He's a narcissist who likes to tell you he's a genius.
He founded SpaceX but every other company he owned was already established. He just purchased them. Including Tesla. People act like the guy is in there building rockets.
Honestly the only thing I think the guy does is tweet all day. Tesla shareholders wants him to step down as CEO because he never works. He's just cashing checks at this point.
Posted on 11/10/22 at 4:52 pm to mmcgrath
quote:
Under Elon Twitter is now losing $1 Billion / year and apparently he has destroyed a lot of revenue.
how long has Elon owned Twitter? Good lord. Posted on 11/10/22 at 4:52 pm to BBONDS25
quote:
the share price he paid is less than 20 percent more than the share price prior to announcing his intentions. That is a standard valuation factor when taking a company from publicly traded to closely held by a single individual. Saying he got fleeced is silly.
It was worth 50% less.
Posted on 11/10/22 at 4:52 pm to c on z
quote:
But, but, Elon is a genius
you upset your safe space to spread lies is going down?
bankruptcy just means you cant pay your debts. Im assuming debts that Elon didnt get twitter into.
Posted on 11/10/22 at 4:54 pm to c on z
quote:
But, but, Elon is a genius
I wonder who has the better resume, Elon Musk or internet poster c on z.
Tough call.
Posted on 11/10/22 at 4:55 pm to YNWA
quote:
It wasn't losing that much when he bought it. If he paid $44 Billion for a company that was losing $4million a month the guy has some serious mental issues. He's not a "genius". He's a narcissist who likes to tell you he's a genius. He founded SpaceX but every other company he owned was already established. He just purchased them. Including Tesla. People act like the guy is in there building rockets. Honestly the only thing I think the guy does is tweet all day. Tesla shareholders wants him to step down as CEO because he never works. He's just cashing checks at this point.
You sound like you know him personally.
Posted on 11/10/22 at 4:57 pm to c on z
quote:
In fairness, Twitter wasn’t doing too good financially before he acquired it.
You are an embarrassment to your family and city you currently live in. shite you are dumb, hoping just a troll
This post was edited on 11/10/22 at 4:57 pm
Posted on 11/10/22 at 4:57 pm to SlimTigerSlap
quote:
It was worth 50% less.
No it wasn’t. He made his offer to buy Twitter for $54.20 on April 14th. The price that day was 48.37. You are confusing the 38 percent increase from when Musk initially purchased 9 percent of the company. The premium he paid was less than 20 percent.
This post was edited on 11/10/22 at 5:02 pm
Posted on 11/10/22 at 4:58 pm to YNWA
quote:I like how you just glossed right over the fact that you said he founded SpaceX
He founded SpaceX but every other company he owned was already established. He just purchased them. Including Tesla. People act like the guy is in there building rockets.
You're also incorrect, he owned other companies before all of those that he started himself and made a shite ton of money on.
quote:They do? Or a few random shareholders said that and you're passing it off as "Tesla Shareholders want" it?
Tesla shareholders wants him to step down as CEO because he never works.
Posted on 11/10/22 at 5:00 pm to OMLandshark
quote:
This is like when Heydrich was assassinated.
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