Elon Musk has arrived at Twitter HQ
- Thread starter ziggy
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Musk's plan for making a profit is turning Twitter into an "Everything App". The Chinese have a couple of "Everything Apps", but it is not something in the USA.
Why has no one done it?
1) It is tough to build such an app. It requires a large staff in diverse fields, and Twitter is nowhere close to having that.
2) Americans consumers do not want such an app. We want to go with the best product in each category, not buy one basket of goods from one company.
3) American regulators would not agree to such a monopoly. Amazon and Google are already getting into trouble for just advancing their products in searches, imagine if they required their products as the only answer.
To the consumer, the beauty of the internet is they can go anywhere. I know that is a problem for the tech companies business plan, but that is not our problem. We simply will not use an "Everything App".
They became the dominant platform in their field, which is the product of many good decisions... But their field was smaller than they would like. They probably should have gone more in the Tiktok direction. They almost did that with Vine, but Vine did 6 second videos, rather than 60 second videos, and besides, they abandoned Vine for lack of programmers to support it.
The biggest failure was the sudden loss of 50% advertising revenue, but that hit all online advertisement. There was no way around that. If they had the Twitter market, and the Tiktok market, they would still lose 50% of their revenue, but have five times as much revenue to have cut in half.
They certainly need more programmers.
Musk has really shown the world what a socially retarded ass he is, from the time he carried a sink into Twitter HQ. It's obvious he's bored and starved for attention. He's actually destroying his brand.
Laying off employees in a cruel, and unthinking way becomes an issue with the employees you want to retain. The most valuable asset of any software company goes home at the end of the day. Musk has fired people without warning, and then announced they have to come back to work when he realized they were important. They might come back to work, for a little while, but they will be searching desperately for their next job.
Laying off employees in a high value employee environment is just plain difficult, and Musk has failed to do it right.
You can line up and get your Twitter car insurance. I really do not care if you get ripped off.
Think about this, only about $20 billion of his losses are directly attributable to buying Twitter, the remaining $80 billion is due to his destroying of his brand.
There are going to be so many of these kinds of people out of work soon, Musk will have no trouble finding better quality than what he is currently clearing out if he needs more people, even in SF.
So, Walter, you admit that you don’t speak for everyone.
But then you are Almost Never Right Walt, and this is Elon Musk who built both Tesla and SpaceX.
Somehow I doubt that. The people he needs are not being laid off. It is the people he does not need that are being laid off. There is an extreme shortage of the people he needs. They are very entrepreneurial, so even if they do get laid off, they tend to find something else of their own making. And most of all, no one trusts Musk. His ripping people off is in everyone's mind now.
To hire good programmers, you have to promise they will be rewarded if things turn out well. Musk has a history of breaking his word, and that is foremost in everyone's mind now. No one will want to risk working for him.
That was the accepted story a few months ago. It is less so today. People are beginning to remember that Tesla was founded by other founders before Musk had ever heard of it. Musk came in promising to get conventional car engineers involved, which he never did. He then game of throwned himself into control of the company. SpaceX was a massive gift to Musk by NASA.
Maybe I am being unfair to Musk, but that is the accepted story by high tech workers now. Musk has ruined his own brand nearly as badly as Bill Cosby.
Musk has lost $100 billion because the market has ruled against him. If you feel that is unfair, you are free to mail him a check for $100 billion. Do you have $100 billion in your checking account?
Elon has to work fast, he has over 50 managers/experts on loan from his other companies to get done what he needs to get done, but they cant stay long. He knew that the people there when he bought it were mostly crap....I am not so sure he would mind if everyone left.
"Get on with it".
"Get on with it".
He's a brilliant inventor. He should have "stayed in his lane". He is ill-equipped to be a media professional. He doesn't understand what or what is not funny. He has no instinct for it.
moon
Satire for Sanity
Both of which are UN-NEEDED capitalist pursuits. Musk's empire is built upon sand. Musk is an environmental profligate .
Is Musk a "brilliant inventor"? What did he invent?
Musk had a great narrative/story that he is a "brilliant inventor" and "founder", but that is falling apart right now.