Elon Musk’s Twitter deal is a ‘deal from hell’
Hi, December 5, 2022, 684 views, 0
He will resign as CEO to focus more on Tesla (his real money machine), so Twitter so far has been a major distraction and certainly not the deal that he expected
Guest User 1483, 0 views, 0 rebuttals, 0
There seems to be no real plan yet and more like scatter-shot actions like firing people, now banning liberal reporters, not paying rent. It is somewhat fun to watch from the sidelines, but there seems to be no path to profitability yet
Guest User 1091, 0 views, 0 rebuttals, 0
The fact that he tried very very hard to get out of the deal just shows you that he massively overpaid for Twitter.
Guest User 1087, 0 views, 0 rebuttals, 0
It will be very hard to make the numbers work to justify the $44B price tag. Cost savings in firing people will not do the trick, Musk needs to find a completely new revenue model, the $8 for verified user status is not nearly enough.
Guest User 1067, 0 views, 0 rebuttals, 0
$44B for a unprofitable business with advertisers running away and more than half of employees fired, yes this is a deal from hell!
Guest User 1060, 0 views, 0 rebuttals, 0
Never bet against Elon Musk: The guy literally and single-handedly revolutionized electric cars and sends rockets to space. Let's see what he can do with Twitter!
Guest User 1061, 1 views, 1 rebuttals, 0
The Economist called it a "$44B education" in running a in a way more complicated business than cars and rockets as it deals with people's perception and free speech issues. He made several about faces on restricting users and posts and does not have a revenue plan yet either. As a result he is stepping down as CEO since Tesla's stock (his cash-cow) is tanking
NYCdebater, 0 views, 0 rebuttals, 0
As of now (May 2023) the valuation of Twitter is only half of he paid for, the blue checkmarks are a fiasco, but nevertheless, Musk will make Twitter work in the end
Guest User 2152, 0 views, 0 rebuttals, 0
He for sure has unorthodox ideas on how to run a company, e.g., firing half the staff, requiring 'hardcore commitment', asking twitter users in a poll whether he should be CEO, but he will eventually turn this company around if he figures out a new revenue model
Guest User 1110, 0 views, 0 rebuttals, 0
His vision is to turn the site into a Super-App X with multiple apps similar to WeChat in China. That would open up many more revenues streams than just ads from social media
Guest User 1074, 0 views, 0 rebuttals, 0