this post was submitted on 15 Feb 2024
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You think Twitter is the same as before Elon took over? ಠ_ಠ
Even an MBA educated exec can read the stock price trend... But I guess I'm making the "no one is that stupid" argument... And I know in my heart I'm on the wrong side. Somehow, some executives absolutely are that stupid.
To an MBA educated exec, it might look like a roughly $30 billion dollar loss in value. But I can tell you're not educated because the real issue is advertiser and user numbers dropping at an alarming rate.
Yep, I can definitely tell now. What are you even talking about? Could these things perhaps, maybe, possibly balance out? No... Users and advertisers are actively fleeing the platform. The platform that has lost over 70% of its value. Saving on labor, outweighs a 30 billion dollar loss in shareholder value? It's clear you don't understand business but surely you can do simple math.
I understand exactly what you're trying to say. You're just wrong.
From a tech workers perspective, Twitter has long been known for having a resilient infrastructure, so it's hardly surprising that when Elon (literally) ripped servers out of the wall, some things stayed up.
Sure, they had a lot of issues since Elon took over, but I'd say that many of them are due to the new features that Elon sticky-taped on. Twitter's solid tech infrastructure was one of the reasons why I always wanted to work there, so I'm doubly-sad to see it go to shit under Musk.