1. #92681
    Old God PhaelixWW's Avatar
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    Quote Originally Posted by Edge- View Post
    https://www.cnn.com/2024/10/02/busin...ity/index.html

    Yes, losing 80% of the the value of the price that he paid for it is a platform in shambles, lol. What do you call losing 80% of the value of your investment?
    And I'm pretty sure that 80% of their salary payouts is a much, much, much smaller number than 80% of the company's value.
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  2. #92682
    Quote Originally Posted by Somewhatconcerned View Post
    It will be fully transparent!

    I mean at the least it will be entertaining.
    You shouldn't want your politics to be entertaining, unless you're more interested in the direction of your nation as a dumb spectator sport to be partisan over than as something which shapes the life of you and all your countrymen in greater or lesser ways.
    It is all that is left unsaid upon which tragedies are built -Kreia

    The internet: where to every action is opposed an unequal overreaction.

  3. #92683
    Quote Originally Posted by Edge- View Post
    https://www.cnn.com/2024/10/02/busin...ity/index.html

    Yes, losing 80% of the the value of the price that he paid for it is a platform in shambles, lol. What do you call losing 80% of the value of your investment?
    I call it one of the most successful business ventures probably in my years alive.

    He quite literally bought THE MOST EFFECTIVE pieces of communication out there. And has somehow kept it just as effective as it was while losing "80% of it's value".

    Despite all the online echo chambers, X is the go to for intellectual exchange (I wish I was joking but it's literally a near requirement to publicize your publications/hard hitting articles even moreso than just getting published in JAMA or NEJM as an oncologist).

    Posting on X is the most effective way to make your voice heard if you have a grievance with any product you buy even now.

    If anything, Elon really has shown that Twitter was probably too bloated and that even with a supposed skeleton crew it can keep doing what it was doing while also being able to adjust the narrative to his liking.

    And he has so many different grifts that he could lose 99.999% of his $44 billion dollar investment and still come out significantly richer.

    All this election should tell you is we're all getting what's coming for us probably a little sooner than we thought. I do firmly believe that a Kamala win would still have kept us on the same trajectory just a little more delayed.
    Last edited by Flaks; 2024-11-13 at 04:26 AM.
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  4. #92684
    Herald of the Titans Elenos's Avatar
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    Quote Originally Posted by Edge- View Post
    https://www.cnn.com/2024/10/02/busin...ity/index.html

    Yes, losing 80% of the the value of the price that he paid for it is a platform in shambles, lol. What do you call losing 80% of the value of your investment?
    He didn't do it for the money.
    "Life is one long series of problems to solve. The more you solve, the better a man you become.... Tribulations spawn in life and over and over again we must stand our ground and face them."

  5. #92685
    Merely a Setback Kaleredar's Avatar
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    Quote Originally Posted by Elenos View Post
    He didn't do it for the money.
    Pretty shit way to run a business, then.

    Regardless, no social media app lasts forever. Most pass into obscurity like Myspace or friendster or whatever, not as many are outright killed by colossal incompetence by a self-aggrandizing, self-deluded manchild.
    “Do not lose time on daily trivialities. Do not dwell on petty detail. For all of these things melt away and drift apart within the obscure traffic of time. Live well and live broadly. You are alive and living now. Now is the envy of all of the dead.” ~ Emily3, World of Tomorrow
    Quote Originally Posted by Wells View Post
    Kaleredar is right...
    Words to live by.

  6. #92686
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    Quote Originally Posted by PhaelixWW View Post
    Anything is fixable, as long as legitimate elections continue.
    That's exactly what I mean. I don't think there will be legitimate elections in 2028. We know that Trump fawns over Putin and Winnie and thinks of them as strong men. We also know that Putin regularly suppresses and oppresses his rivals, and the ones that are allowed through are paper tigers, there only to give the illusion of competition.

    Why would Project 2025/Agenda 47/whatever the fuck it's called now threaten its reign by allowing people to vote them out of power?

  7. #92687
    Quote Originally Posted by Somewhatconcerned View Post
    but if it's at least a relatively stable/even 4 years
    LOL. Look at this joker.

    - - - Updated - - -

    Quote Originally Posted by Flaks View Post
    Despite all the online echo chambers, X is the go to for intellectual exchange
    LOL, Another comedian!

    - - - Updated - - -

    Quote Originally Posted by Elenos View Post
    He didn't do it for the money.
    What he do it for? The nookie?

  8. #92688
    Quote Originally Posted by Xyonai View Post
    Elon and Vivek are being officially put in charge of the 'Department of Government Efficiency', as per this statement:
    Jesus fuck, well I hope I can stay in my BLM job processing oil permits and mitigating harm to natural resources long enough to hit my next federal service milestone. My office is completely apoplectic at the moment since all of the people protecting water, plants, animals, etc. figure they'll be out of the job because they are the speed bumps between the oil companies (with all their sweet, sweet application payments) and the federal government (with all that sweet, sweet oil on public lands). A few of my direct coworkers figure that we're safe because we are the ones who actually do the paperwork to approve oil development, but I'm convinced they'll replace us with toadies who just rubber stamp every proposed action.

    I work at the busiest office in the nation in terms of oil development, there's no way in hell we get through this unscathed. Do you think the EPA is hiring? (/s)

  9. #92689
    Merely a Setback Kaleredar's Avatar
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    Quote Originally Posted by Grinning Serpent View Post
    That's exactly what I mean. I don't think there will be legitimate elections in 2028. We know that Trump fawns over Putin and Winnie and thinks of them as strong men. We also know that Putin regularly suppresses and oppresses his rivals, and the ones that are allowed through are paper tigers, there only to give the illusion of competition.

    Why would Project 2025/Agenda 47/whatever the fuck it's called now threaten its reign by allowing people to vote them out of power?
    The benefit the US has over those is 1) Trump's colossal incompetence 2) the presence of the states who aren't beholden to him and whose power is far harder to wrangle from a top-down level. Many of the states who bafflingly voted for Trump (read, most of the swing states) still have blue governments, or at least ones that aren't so partistanly red that they'd just kowtow to any of Trump's wishes and desires. Nor does Trump have the numbers in congress to just blindly swing around legislation.
    “Do not lose time on daily trivialities. Do not dwell on petty detail. For all of these things melt away and drift apart within the obscure traffic of time. Live well and live broadly. You are alive and living now. Now is the envy of all of the dead.” ~ Emily3, World of Tomorrow
    Quote Originally Posted by Wells View Post
    Kaleredar is right...
    Words to live by.

  10. #92690
    Quote Originally Posted by Flaks View Post
    I call it one of the most successful business ventures probably in my years alive.

    He quite literally bought THE MOST EFFECTIVE pieces of communication out there. And has somehow kept it just as effective as it was while losing "80% of it's value".

    Despite all the online echo chambers, X is the go to for intellectual exchange (I wish I was joking but it's literally a near requirement to publicize your publications/hard hitting articles even moreso than just getting published in JAMA or NEJM as an oncologist).

    Posting on X is the most effective way to make your voice heard if you have a grievance with any product you buy even now.

    If anything, Elon really has shown that Twitter was probably too bloated and that even with a supposed skeleton crew it can keep doing what it was doing while also being able to adjust the narrative to his liking.

    And he has so many different grifts that he could lose 99.999% of his $44 billion dollar investment and still come out significantly richer.

    All this election should tell you is we're all getting what's coming for us probably a little sooner than we thought. I do firmly believe that a Kamala win would still have kept us on the same trajectory just a little more delayed.
    Note: That was all the case before he purchased Twitter. It's still the case, but we're seeing more and more people moving off of it and those exchanges going elsewhere. It's also hardly operating "as well as it did" as we've seen with many high-profile incidents including Elons stupid battle in Brazil.

    We have no idea if it's even sustainable in terms of operating revenue. It's not some "public service" - just try tweeting "cisgender".

  11. #92691
    Herald of the Titans Elenos's Avatar
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    Quote Originally Posted by Kaleredar View Post
    Pretty shit way to run a business, then.

    Regardless, no social media app lasts forever. Most pass into obscurity like Myspace or friendster or whatever, not as many are outright killed by colossal incompetence by a self-aggrandizing, self-deluded manchild.
    Considering twitter has hundreds of millions of active users I'd press 'X' to doubt that it's going away anytime soon. As for Elon running business in a bad way.

    Yeah, by the traditional measures he is not just running things badly across the board for X, SpaceX and Tesla. He's completely insane! When PayPal was effectively created he gained over 100 million dollars. He literally spent all of that on SpaceX which almost went bankrupt as a company until 2008, and was barely above the water after that until around 2015 when it started generating billions in profits each year.

    Around the same with Tesla, which only started generating real profit 3 years ago.

    Musk isn't in this for the money and he's sure as shit isn't in it for short term profit, yet he's the richest man in the world, by far I'd add.

    Maybe there's a lesson there: That short-term profits aren't a real win and the biggest wins are from those that are willing to go long term. Heck Warren Buffet said some years ago iirc that if you aren't willing to hold a stock for something like a decade you shouldn't bother.

    Quote Originally Posted by Edge- View Post
    Note: That was all the case before he purchased Twitter. It's still the case, but we're seeing more and more people moving off of it and those exchanges going elsewhere..
    It will take quite a lot of years to remove the sheer power twitter has on business.
    Last edited by Elenos; 2024-11-13 at 04:52 AM.
    "Life is one long series of problems to solve. The more you solve, the better a man you become.... Tribulations spawn in life and over and over again we must stand our ground and face them."

  12. #92692
    Quote Originally Posted by Elenos View Post
    He didn't do it for the money.
    Investors backed him for a return on their investment, lol. They're stupid as shit for it, but there's a reason he didn't foot the entire price himself by liquidating his Tesla stock and tanking the shares.

    He needs that stock to keep going to the moon so he can buy Iceland.

  13. #92693
    Merely a Setback Kaleredar's Avatar
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    Quote Originally Posted by Elenos View Post
    Considering twitter has hundreds of millions of active users I'd press 'X' to doubt that it's going away anytime soon.
    And in 2006 Myspace was the most visited website on the planet, ahead of even google.

    As for Elon running business in a bad way.

    Yeah, by the traditional measures he is not just running things badly across the board for X, SpaceX and Tesla. He's completely insane! When PayPal was effectively created he gained over 100 million dollars. He literally spent all of that on SpaceX which almost went bankrupt as a company until 2008, and was barely above the water after that until around 2015 when it started generating billions in profits each year.

    Around the same with Tesla, which only started generating real profit 3 years ago.
    Problem is, SpaceX and Tesla function based off of the ideas and products made by far smarter people than Musk.

    Twitter was that... But Musk has begun to personally taint it.

    Musk isn't in this for the money, he's sure as shit isn't in it for short term profit.
    Yeah he's just doing this out of the good of his heart I'm sure.


    It will take quite a lot of years to remove the sheer power twitter has on business.
    When advertisers start to see that their products are being put up next to neo-nazi tweets they tend to lose confidence.
    “Do not lose time on daily trivialities. Do not dwell on petty detail. For all of these things melt away and drift apart within the obscure traffic of time. Live well and live broadly. You are alive and living now. Now is the envy of all of the dead.” ~ Emily3, World of Tomorrow
    Quote Originally Posted by Wells View Post
    Kaleredar is right...
    Words to live by.

  14. #92694
    Herald of the Titans Elenos's Avatar
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    Quote Originally Posted by Edge- View Post
    Investors backed him for a return on their investment, lol. They're stupid as shit for it, but there's a reason he didn't foot the entire price himself by liquidating his Tesla stock and tanking the shares.

    He needs that stock to keep going to the moon so he can buy Iceland.
    Elon borrowed some 13 billion to buy Twitter. They're being paid around 1.2 billion back year, and getting interest as well. They may not make an insane profit, but you can bet they will get their money back and then some.
    "Life is one long series of problems to solve. The more you solve, the better a man you become.... Tribulations spawn in life and over and over again we must stand our ground and face them."

  15. #92695
    Quote Originally Posted by Grinning Serpent View Post
    That's exactly what I mean. I don't think there will be legitimate elections in 2028. We know that Trump fawns over Putin and Winnie and thinks of them as strong men. We also know that Putin regularly suppresses and oppresses his rivals, and the ones that are allowed through are paper tigers, there only to give the illusion of competition.

    Why would Project 2025/Agenda 47/whatever the fuck it's called now threaten its reign by allowing people to vote them out of power?
    This is what's called "Manufacturing Consent".
    Since we can't call out Trolls and Bad Faith posters and the Ignore function doesn't actually ignore it. Add
    "mmo-champion.com##li.postbitignored"
    to your ublock or adblock filter to actually ignore ignored posters. Now just need a way to ignore responses to them as well.

  16. #92696
    Quote Originally Posted by Edge- View Post
    https://www.cnn.com/2024/10/02/busin...ity/index.html

    Yes, losing 80% of the the value of the price that he paid for it is a platform in shambles, lol. What do you call losing 80% of the value of your investment?
    Yeah that was mostly due to loss of ad revenue. But the platform continues to operate fine, which is the point.

    Man, I miss the liberals of the early 2000s. They weren't afraid to challenge the status quo their govt fed them. Liberals back then would have LOVED to pull back the curtains on wasteful spending like this.

    If it makes you feel any better, the more I read about DOGE, the more it seems like an "advisory" position that will work/coordinate with OMB. So they will likely only make recommendations, and not have unilateral say in what gets cut.

    Still a good idea. Dems could use a few of those.

  17. #92697
    Herald of the Titans Elenos's Avatar
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    Quote Originally Posted by Kaleredar View Post
    Problem is, SpaceX and Tesla function based off of the ideas and products made by far smarter people than Musk.

    Twitter was that... But Musk has begun to personally taint it.
    Twitter was not generating profit even before Musk bought it. People want to pretend Elon made things much worse than they actually are because they hate the direction he took it in. Frankly I hate a lot of the stuff I see these days there: Porn accounts, spam, grifting etc.

    But I'd like to point out the following: Democrats lost this election because they wanted reality to match their beliefs. It didn't. I watched for years, yes years, how people flat out denied how Americans felt about Biden's White House, or invented excuses.

    Facts are stubborn things or as Chernobyl put it "Every lie incurs a debt to the truth, sooner or later that debt is paid." Make no mistake this will apply to Trump too, heck it already did back in 2020.

    Yeah he's just doing this out of the good of his heart I'm sure.
    Well I wouldn't say that.

    Ego, power, glory, planting a flag with the X symbol on mars and his face next to it so human history remembers who get us there for all time.

    Musk doesn't care about money. He cares about people knowing his name 1000 years from now.
    "Life is one long series of problems to solve. The more you solve, the better a man you become.... Tribulations spawn in life and over and over again we must stand our ground and face them."

  18. #92698
    Quote Originally Posted by Somewhatconcerned View Post
    Yeah that was mostly due to loss of ad revenue. But the platform continues to operate fine, which is the point.
    You must not use Twitter much. I personally have to hit the post button about 10 times before my post appears because I just get error messages every time.

    He's also turning the brand toxic. There will be more advertisers that leave when he's in the spotlight in the Trump admin and on the national stage, and not just doing podcasts for incels.

  19. #92699
    Merely a Setback Kaleredar's Avatar
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    Quote Originally Posted by Elenos View Post
    Twitter was not generating profit even before Musk bought it. People want to pretend Elon made things much worse than they actually are because they hate the direction he took it in. Frankly I hate a lot of the stuff I see these days there: Porn accounts, spam, grifting etc.
    The only viewership he's been able to "claw back" are those detestable people

    Once people get a solid alternative to twitter... they'll switch. Sure as facebook killed myspace.

    All it takes is like five of the biggest pop stars to say "hey we're using Bluesky now" or somesuch and Twitter is right proper fucked. And there wont be a thing Musk can do about it. Because he has no ownership over why it was successful in the first place.

    But I'd like to point out the following: Democrats lost this election because they wanted reality to match their beliefs. It didn't. I watched for years, yes years, how people flat out denied how Americans felt about Biden's White House, or invented excuses.
    The democrat's failure was in their assumption that the American people would see through Trump's lying.

    But I suppose that "inconvenient truth vs. comforting lie" thing holds true.

    Facts are stubborn things or as Chernobyl put it "Every lie incurs a debt to the truth, sooner or later that debt is paid." Make no mistake this will apply to Trump too, heck it already did back in 2020.
    That applies to Trump even moreso.

    Trump's personal saving grace is that he's so old he'll probably keel over before any recompense comes down on him proper.


    Well I wouldn't say that.

    Ego, power, glory, planting a flag with the X symbol on mars and his face next to it so human history remembers who get us there for all time.

    Musk doesn't care about money. He cares about people knowing his name 1000 years from now.
    Narcissistic pricks don't usually pan out too well in history. Hell, even all of the most famous Roman generals and leaders are the ones who got their asses stabbed to death.

    Something, something, Ozymandias.
    “Do not lose time on daily trivialities. Do not dwell on petty detail. For all of these things melt away and drift apart within the obscure traffic of time. Live well and live broadly. You are alive and living now. Now is the envy of all of the dead.” ~ Emily3, World of Tomorrow
    Quote Originally Posted by Wells View Post
    Kaleredar is right...
    Words to live by.

  20. #92700
    Quote Originally Posted by Skjaldborg View Post
    Jesus fuck, well I hope I can stay in my BLM job processing oil permits and mitigating harm to natural resources long enough to hit my next federal service milestone. My office is completely apoplectic at the moment since all of the people protecting water, plants, animals, etc. figure they'll be out of the job because they are the speed bumps between the oil companies (with all their sweet, sweet application payments) and the federal government (with all that sweet, sweet oil on public lands). A few of my direct coworkers figure that we're safe because we are the ones who actually do the paperwork to approve oil development, but I'm convinced they'll replace us with toadies who just rubber stamp every proposed action.

    I work at the busiest office in the nation in terms of oil development, there's no way in hell we get through this unscathed. Do you think the EPA is hiring? (/s)
    It sucks. I know the feeling. I used to work in Government and was part of a union. That was until my state pretty much abolished unions for the government with the exception of like the police and fire unions.

    I lost my job within months of the Republicans doing it. And it wasn't a poor performance thing either (although, that was the manufactured excuse). It was because we were still in the midst of the recession Obama was working to fix and my boss was relatively new (like within 6 months) and wanted to hire his own people from his previous job. After 1-2 years, almost all of the original staff was gone.

    Actually recently bumped into some of them this past summer and they all said the place went to hell and everyone was miserable after the unions were busted.

    The only thing this really did was 100% turn me into someone who will never ever vote for a single Republican again. The overton window could shit so far left that I have a choice between a literal actual socialist or a Republican with the policies of a moderate Dem and I still would either not vote or vote for the socialist.

    - - - Updated - - -

    Quote Originally Posted by Kaleredar View Post
    The democrat's failure was in their assumption that the American people would see through Trump's lying.

    But I suppose that "inconvenient truth vs. comforting lie" thing holds true.

    CNN is in rough shape with their attempt at a shit to the right. Hope they fucking fold along with every other media network who sane-washed the orange fuck.

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