nuff said
With the way he's running this, I'm a bit confused as to why he didn't just buy Truth Social directly. Wouldn't have cost him nearly as much.
this post was submitted on 15 Jul 2023
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He bought the users. Elon knows that people are lazy and will not change websites.
-50% ad revenue says otherwise
Twitter could have 200% more users, if no one want to show them ads, then ad spots will be dirt cheap. Printing 5 millions of 1cent ads vs 1 million of 10cents ads is not the same. Both on income and expenses...
This, so much this. I also find it rather coincidental that fb cam out with threads soon after the twitter implosion. Opportunistic feasting on a dead carcass perhaps?
Twitter has been on the outs since musk bought it. If Facebook was smart they'd have started right then.
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- Your Google search result redirects to Twitter
- you click and open the link
- Twitter asks you to login to see the tweet.
- You close that tab and move on to next search result.
Best way to avoid traffic to your site, then complain about revenue loss from advertisements.
medium started doing the same shit, sometimes it has interesting articles I'd like to read, but then they started putting in behind registration so I just no longer open medium links.
Hell, medium should be paying me to read them
Honestly my wild guess is that he’s trying to make Twitter profitable from subscription based services and not so much from ad revenue.
Can’t really have free speech if platform depends on advertisers and investors.
He doesn't really care about free speech. Just his opinions. (He is shadowbanning Ukrainian accounts btw)
Which accounts?
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Remember the 50% number is just what he was comfortable with publishing to the public
We have no reason to believe his public statistics
100% of the ads I see on Twitter today are dropshipping scams, while in the pre-musk era they were highly targeted to my job and interests to the point that if there wasn't the "ad" tag I couldn't distinguish that.
They can't cost the same for the advertiser, a generic dropshipping scam that targets everyone must be cheap
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Translation: "I'm terrible at business, and I'm making it everyone else's problem"
Not losing money, just having "negative cash flow".
I had to search the euphemism to see if I was just out of the loop on the economics terminology, and if those legit were different concepts.
On the downside, they're not. On the upside, Musk is setting a great example for how to stop getting accused of hoarding wealth
On the other hand, I think the people at Tesla/SpaceX are probably very happy that Elon has his hands full with Twitter right now.
Maybe.... I don't know, just throwing ideas out there.... you shouldn't have Musked all over Twitter nor fired its core developers? Again, just thinking out loud....
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Wait, the white supremacists and Nazis that he caters to aren’t making up the ad revenue? Well I’ll be!
50% is just what he's admitting to. Not sure how easily that number can be verified, but if someone told me that the actual numbers were much, much worse... I wouldn't bet against them.
Only 50 more percent left to go!
And no interest in thinking about why they're down ~50% in advertising revenue.
I'm not waiting to see Twitter fail. I'm just hoping that the federated alternatives for Twitter and Reddit will get more mainstream. And I must say that I'm happy with the way things are evolving at Mastodon and Lemmy.
Please don't turn this community into another Musk news ticker.
I'm happy to learn about significant updates to the health of the platform but not as literal Musk tweets pls.
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Has he tried not fucking up the platform yet?
It's impressive how quickly and severely he fucked up what was once a successful tech giant!
I disagree. Twitter was already going under even before he took over. In fact, it was doomed from the beginning as one of the uber era "grow valuation, think about revenue later", hoping to exit someday by selling it to some rich megalomaniac, and actually, they're the ones who succeeded.
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Other then a website...what technology does twitter actually do? I do not consider websites to be tech giants.
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