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Extreme version of fuck-you money
- Thread starter Dominus
- Start date
I really couldn't care less whether Elon Musk and/or Twitter go under.
- Joined
- Dec 4, 2006
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He is a sociopath, with or without money.
Being the richest man on earth doesn't entitle an adult man to behave like a three year old with a grab bag of emotions.
We'll see how telling advertisers to fuck off plays with the companies with stockholders.
I wouldn't fuck with The Mouse, by the way...but he has, so now it will be interesting to watch as Twitler struggles even more to retain big name advertisers.
Being the richest man on earth doesn't entitle an adult man to behave like a three year old with a grab bag of emotions.
We'll see how telling advertisers to fuck off plays with the companies with stockholders.
I wouldn't fuck with The Mouse, by the way...but he has, so now it will be interesting to watch as Twitler struggles even more to retain big name advertisers.
Harke the Boeotarch
Dreams Wash Away
Money, money, money, must be funny, in a rich man's world! ~ ABBA
An interesting piece discussing the possibility of bankruptcy.
Could X go bankrupt under Elon Musk?
Musk's profane attack on advertisers baffled experts - without adverts, how would X survive?
www.bbc.co.uk
- Joined
- Dec 4, 2006
- Posts
- 118,426
- Reaction score
- 28,227
- Points
- 113
With Walmart also pulling out...that has to be bad news...because after Christmas, I bet even more will follow. And if the other advertisers smell blood they will start to push for discounted rates to remain.
I sometimes think he would allow Twitler to fail because it really isn't his money....but his bankers won't just settle for 10 cents on the dollar...including the Sauds. They likely have covenants that convert their share into Space X or Tesla stock that he had to put up to get their backing...this is one time when the widows and orphans might not be the ones paying for his mental illness issues.
Also, the fact that he just doesn't buy up all the debt now indicates one of two things...he would try to buy it all up for less in event of bankruptcy (as some have suggested), or he knows that there really is no hope for the platform now that he has fucked it up so badly.
I sometimes think he would allow Twitler to fail because it really isn't his money....but his bankers won't just settle for 10 cents on the dollar...including the Sauds. They likely have covenants that convert their share into Space X or Tesla stock that he had to put up to get their backing...this is one time when the widows and orphans might not be the ones paying for his mental illness issues.
Also, the fact that he just doesn't buy up all the debt now indicates one of two things...he would try to buy it all up for less in event of bankruptcy (as some have suggested), or he knows that there really is no hope for the platform now that he has fucked it up so badly.