Twitter shares halted: Musk going through with buy

Well I suppose working for the casino beats being worked by the casino

 

This is hardly a startup and I'm still yet to hear a good idea in terms of how you monetize purposefully shallow text data, especially when the user base is smaller than their competitors, getting relatively smaller (as they don't have the international presence of Facebook's properties), and also getting older, relatively. It seems like Musk bought a community that mostly exists to endlessly troll each other, and I don't see a way to monetize that on the scale of their competitors.

 

I would have told you this 5-6 years ago, well before Musk was involved in any way. I am not "diminishing" their platform. I am describing it. The value of a social media platform to investors is the ability to turn data into insights and monetize their own user base, through advertising, selling data, or selling access to potential customers. Twitter is purposefully shallow in data. There is a reason that Twitter, a platform developed in the 00s, has still not monetized 15 years later. Unless he has a brand new and innovative way to develop monetization on the platform that doesn't need much in the way of customer data or much in the way of a large and active customer base, then he just paid a huge premium for a completely worthless property, financially.

 

he doesn't have the self restraint to stay away, even if it is a death knell to the stupid people who invested in truth social. Twitter, the new home of the deadliest burn daily contest...

is this a good opportunity to get in on Tesla or is the patient money running out of patience?

 

Man some people really eat up the cult of personality horseshit

 

Looks like Musk wants a stay of the case pending closing, but doesn't want to waive any of his defenses. Hard to see why Twitter would agree to that, given his history.

 

Wait... do you think Twitter has ever been a good place for news, or facts?

 

That’s always been Twitter’s intention and what the case is about. They’re suing to force Musk to close.

The question is whether they’re willing to put the case on hold in the meantime without iron clad assurance that Musk won’t try to back out again. I kind of doubt it, but we’ll see. If I were them I would tell Musk “see you at closing. We hope you show up. But until the cash hits the table, we’re going full steam ahead.”

 

Those same considerations applied to his initial agreement to buy the company, but he backed out of that. And I suggest it as a possibility because he raises it as one in his letter. The whole second paragraph is him reserving the right to flip flop again. Hardly a great expression of his commitment to see the deal through.

 

He already did it once. He signed a document that gave him very little right to back out of it and declared his due diligence is over. Then he tried to back out, claiming that he found something in his due diligence. He tried to back out because he realized what a ridiculous overpay this was and that the markets started smashing Tesla due to it. But he had to come up with something better than that, so he came up with a bad faith reason (it has bots and I had never considered that!).

 

The new Howard Hughes

 

Yes. I have followed the Gators and Orioles for years. I follow several experts in various fields, despite the dumb-a**** that spew non-sense, ignorance and lies into their Twitter threads. Just because the stuff you read is made up, does not mean everything out there is.

 

Well... that's the only thing that site is good for.

The politics there is pure fiction.