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submitted 1 year ago by hedge@beehaw.org to c/technology@beehaw.org
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[-] Moonrise2473@feddit.it 98 points 1 year ago

The value of his purchase of all that billions was essentially:

  1. The userbase

  2. The branding

  3. The software and the people that built it

Now that got rid of all three... Wasn't it 100x cheaper to just buy parler? Or just hire a single developer on Fiverr and start a defederated mastodon server

[-] floofloof@lemmy.ca 39 points 1 year ago

Either he's a raving idiot or someone was paying him to destroy Twitter. Or both.

[-] bad3r@lemmy.one 40 points 1 year ago

No one is paying him. He is just a dumbass with money.

[-] primalanimist@kbin.social 26 points 1 year ago

I doubt anyone could pay the man enough to blow 40 billion to tank a website. The moment you break something, the users will find a replacement and go there. This purchase was 100% ego. It changed no minds about Elon. His fanboys will still call this genius, and those who already knew he was a manchild are not suddenly thinking this was a mature, well-thought-out plan.

[-] bobs_monkey@lemm.ee 28 points 1 year ago

We seem to forget this whole "Imma buy Twitter" was, in part, because Twitter refused to disable the account of the kid that was tracking his jet

[-] nan@lemmy.blahaj.zone 16 points 1 year ago

Who is still tracking his jet on mastodon and threads. I love it.

[-] Thrashy@beehaw.org 15 points 1 year ago

the kid that was tracking his jet

The kid that was reposting public flight tracking data of his jet. He's so fucking petty.

[-] Cube6392@beehaw.org 17 points 1 year ago

If the goal was just to shut down twitter that could have been accomplished day 1. My theory is he really didn't think he'd be stuck paying the high price he offered and now his goal is to file for bankruptcy after tanking the company, and to do it he has to look like hes trying to make it work.

Alternatively. He really is this big an idiot. It would be in line with the moron making an offer twitter couldn't refuse and then being surprised when they accepted

[-] batcheck@beehaw.org 2 points 1 year ago* (last edited 1 year ago)

Didn’t he get some Saudi funding for the purchase of twitter? Not the entire amount but a portion?

[-] brothershamus@kbin.social 14 points 1 year ago

45 Billion bought a lot of eyeballs to watch him flame out over the canyon.

[-] Auzy@beehaw.org 3 points 1 year ago

Didn't he screw up royally and end up having to buy it though or he'd be breaking laws?

[-] LiamMayfair@lemmy.sdf.org 2 points 1 year ago

Lol, knowing our boy Elon, he would've managed to run Parler to the ground even harder than they could ever dream

this post was submitted on 24 Jul 2023
228 points (100.0% liked)

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