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1
Posted on 11/17/22 at 9:16 pm to stout
It's pretty clear that what people are talking about concerning staffing is the number of "software engineers" and similar.
Going into law departments and shite is peak pedantic frickstick.
You haven't seen an twitter lawyers tweeting about leaving.
Going into law departments and shite is peak pedantic frickstick.
You haven't seen an twitter lawyers tweeting about leaving.
This post was edited on 11/17/22 at 9:18 pm
Posted on 11/17/22 at 9:16 pm to uptiger1997
...
This post was edited on 11/22/22 at 10:07 am
Posted on 11/17/22 at 9:17 pm to RummelTiger
quote:
It's a mix of both. You certainly don't need a bloated in-house legal team, as it seemed Twitter had. It seemed they were bloated in a lot of places.
I don't think you appreciate how expensive top level firm lawyers are compared to top tier in house people. You want to handle as much as you possibly can in house.
Posted on 11/17/22 at 9:18 pm to JohnnyKilroy
quote:
I don't think you appreciate how expensive top level firm lawyers are compared to top tier in house people. You want to handle as much as you possibly can in house.
I do.
Posted on 11/17/22 at 9:18 pm to JohnnyKilroy
quote:
So why pay 44 bil for it? Sounds like its true value is significantly less.
I think everyone (including Elon) realize his offer was overvaluing the company. That's why he tried to back out of the deal
Posted on 11/17/22 at 9:18 pm to BuckyCheese
quote:
It's pretty clear that what people are talking about concerning staffing is the number of "software engineers" and similar.
I think I only saw one person say 100 people...and that was Cosmo...and Cosmo is insane.
Posted on 11/17/22 at 9:18 pm to trilambdaexpression
quote:
Not sure how you are supposed to run a company if you don't trust any of the employees.
It was barely a company. They were barely employees. More, a propoganda machine and its activists.
Incidentally, how can one run a country when you consider your citizens terrorists for disagreeing?
Posted on 11/17/22 at 9:19 pm to RummelTiger
quote:
lulz
Twitter is now a private company. Considering that they don't have to make quarterly earnings reports, etc they can probably get away with a much smaller finance and accounting department.
That being said, Elon has somehow figured out how to staff Paypal decades ago, Tesla, SpaceX, etc
Posted on 11/17/22 at 9:22 pm to stout
quote:
Twitter is now a private company. Considering that they don't have to make quarterly earnings reports, etc they can probably get away with a much smaller finance and accounting department.
It's funny, because you can tell how many people here think you need tons of people to run these companies - even as pretty much every large tech company is laying off shite tons of people. I guess they're all gonna crash.
Posted on 11/17/22 at 9:22 pm to Cosmo
quote:
Why not? The platform is extremely simple.
Lol. What is simple?
Is the infrastructure running the platform “simple”?
Posted on 11/17/22 at 9:22 pm to SlowFlowPro
quote:
No Facebook and Google figured out how to turn user data into dollars, but (a) that plays into the advertising angle and (b) EVERYONE has their own app now to get user data directly. Nobody is buying it anymore like they were.
Honestly, Trump was the best thing to happen to Twitter and social media as a whole. There does exist a need for a media aggregator (and maybe for that reason alone, RSS will return to popularity) but I don't think you can monetize that aggregator very much.
Posted on 11/17/22 at 9:24 pm to SlowFlowPro
quote:
I think everyone (including Elon) realize his offer was overvaluing the company.
But whydid he make that offer for that amount. He didn't just pull a number out of a hat.
He made an offer commiserate with a target company poised for rapid growth and quicker ROI. Instead its a company that loses money in a relatively "favorable" environment. That environment is quickly turning to hostile with tiktok and apple's privacy measures.
Why did Elon offer so much for a company that many now say was already doomed before he stepped in?
Posted on 11/17/22 at 9:24 pm to crazy4lsu
quote:
but I don't think you can monetize
Silicon Valley is about to realize that there are a LOT of words that follow what I just quoted.
Posted on 11/17/22 at 9:25 pm to RummelTiger
quote:
even as pretty much every large tech company is laying off shite tons of people
We are currently seeing the most tech layoffs since the dot com bubble popped in 2001 yet all these apps and sites seem to still be functioning.
This is going to show these companies that they can run much leaner and none of them will ever get that bloated again. It will also end the adult daycare offices they have.
Posted on 11/17/22 at 9:26 pm to JohnnyKilroy
quote:
Why did Elon offer so much for a company that many now say was already doomed before he stepped in?
A huge userbase and the foundation to build his all in one app on.
Posted on 11/17/22 at 9:26 pm to OMLandshark
Elon should buy Facebook, Instagram, tik tok next imo
Posted on 11/17/22 at 9:27 pm to JohnnyKilroy
Honestly I think Jack Dorsey played a role and JD wasn't as up to date on actual financials at that point.
Major social media networks don't come up for sale that often and, as stout said, this is part of a larger platform. As we all saw with the Trump-era Twitter competitors (and hell, going back to Google+), it's almost impossible to plan out and build a social media network.
Major social media networks don't come up for sale that often and, as stout said, this is part of a larger platform. As we all saw with the Trump-era Twitter competitors (and hell, going back to Google+), it's almost impossible to plan out and build a social media network.
Posted on 11/17/22 at 9:27 pm to RummelTiger
Which tech companies of Twitter's scale are laying off 50-90% of their headcount, including engineers?
https://layoffs.fyi/
https://layoffs.fyi/
Posted on 11/17/22 at 9:27 pm to crazy4lsu
quote:
and maybe for that reason alone, RSS will return to popularity)
No one wants to dick around with RSS. It's much easier to adjust your algorithm on Twitter by following accounts and clicking "not interested" on the tweets or accounts that they try to feed you outside of your follows.
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