billzybop t1_iwydb9q wrote
Reply to comment by viper12a1a in Do you know how to make $20B in the Tech business? by braddamit
That doesn't change the fact that Musk overpaid and then burned it down.
viper12a1a t1_iwyiyqk wrote
overpaid yeah for sure...burned it down? it's at it's highest traffic in the entire history of the site. the only reason advertisers pulled out is because they're gonna do exactly what they did with the youtube ad debacle. they're just gonna argue for better rates and come back anyway. This is just a marketing opportunity for them like it always is. these companies would advertise baby powder on bestgore if they felt it wouldn't damage the "brand" and would make them money.
We could also take into consideration that most twitter employees were barely working 4 hours a week, being massively overpayed, and what the fuck was with that 400$ per employee for food PER DAY? Bro, we're just getting a glimpse into just how fucked ALL tech companies are, the only difference is that Twitter now can't rely on investors pumping infinite amounts of money into the company. Unlike most tech companies, Twitter now has to actually make money, which it never has. It's anew concept for a lot of people to wrap their heads around.
(oh, and most of the people that were fired were the kinds of people most tech companies keep around in order to get rid of when budget cuts need to happen. Leeches.)
Tidesticky t1_iwym2kn wrote
Appears to be a slight difference of opinion. Do tell us more kind sir.
MysteryBeans t1_ix0foj1 wrote
I haven't heard about the 4 hour work weeks or the $400 a day food bills. Any links to info on this? Curious to read more to determine if this is legit or if you're just making stuff up.
[deleted] t1_ix0x7lc wrote
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[deleted] t1_iwylcjh wrote
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billzybop t1_iwymylj wrote
He overpaid for it, it now has no revenue, almost no employees, and he's begging for programmers to show up. Not really sure what you call a business with no income and no employees.
Duckboy_Flaccidpus t1_iwyyo0w wrote
>Not really sure what you call a business with no income and no employees.
A website?
viper12a1a t1_iwyoevy wrote
How about a business with no income and 5000 employees? That's what it was until now.
And you'll notice, despite the lack of "diversity and equity" departments, the site is still perfectly functional
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