this post was submitted on 30 Aug 2024
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1146
San Francisco says ‘good riddance’ as X prepares to leave (www.siliconrepublic.com)
submitted 2 weeks ago by [email protected] to c/[email protected]
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[–] [email protected] 95 points 2 weeks ago (5 children)

I'd love to see it fail completely. I'm hoping that musk makes it a site that you have to pay a subscription to see anything at all on there so everyone can finally give up on it.

[–] [email protected] 57 points 2 weeks ago (2 children)

You saw the investor list, right? There’s a LOT of people on there who miiiiight not consider direct financial profitability to be the point of their investment.

[–] [email protected] 21 points 2 weeks ago (1 children)

Top shareholders of Twitter include:

  1. Elon Musk (owns 78.7% of the company)
  2. Saudi prince Alwaleed bin Talal (5.7%)
  3. Oracle’s founder Larry Ellison (3.0%)

WTF they really need to relocate the evil lair in a volcano

[–] [email protected] 3 points 2 weeks ago (1 children)

There’s also a bunch of Russian connections too

[–] [email protected] 1 points 2 weeks ago

Musk himself is a Russian connection, remember he is friendly with Putin.

[–] [email protected] 3 points 2 weeks ago* (last edited 2 weeks ago)

That's true, but I'd imagine running a site like twitter actively costs money. If advertisers aren't paying, who is? Do they go to their investors and ask for money? For how long could Elon personally afford to run Twitter with all of its development costs?

[–] [email protected] 11 points 2 weeks ago (1 children)

Hopefully he beats Spez

[–] [email protected] 1 points 2 weeks ago

It would be hilarious to see Musk beat up spez.

[–] [email protected] 8 points 2 weeks ago (2 children)

I think it would awesome if it failed so much, Musk was forced to sell. Then, it explodes in popularity

[–] [email protected] 2 points 2 weeks ago

That would be incredible.

[–] [email protected] 1 points 2 weeks ago

Day one it would be the most popular site on the internet.

[–] [email protected] 1 points 2 weeks ago

They're walking right into new TX regs for social media. I'm already off the platform but any platform that stops me to upload my driver's license then I'm done with it.

[–] [email protected] 1 points 2 weeks ago

Then I guess all the Nazis will go back to stormfront.