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Comment on Musk's $44B Twitter now valued at just $9.4B as Xparent

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I think Twitter needs a new CEO/owner, not alternatives.

Personally I don't use Twitter/X anymore, it has no value to me, but I understand some people find it valuable.

Twitter cannot survive at current scale with any reasonable subscription price. If advertisers come back and it shows enough ads to turn a profit users will get sick of the ads, it will turn into Facebook.

Twitter cannot survive at current scale with any reasonable subscription price

Twitter can survive with zero subscriptions and no advertisers. It’s owned by the world’s richest man.

Not forever. Twitter costs a lot to run, and now has a big debt to service. Musk’s wealth comes from Tesla stock, not a growing revenue stream.

Twitter cannot survive at current scale with any reasonable subscription price.

Twitter was not bought to make money. Twitter is expenditure for narrative control.

We’ll see how long Twitter can bleed out. Even Musk can’t afford it forever.

My bet is on bail-out or resell to msft . Google is possible which would be nice assuming same treatment as yt but meta is unlikely since they have threads .

That is correct. Valuation is irrelevant.

Musk bought it to cancel the woke culture but got cancelled instead, lol.

FWIW it's not really fair that everyone interesting left just because they didn't like Musk which turned twitter into boring place, basically self reinforcing cycle.

When you choose to turn your establishment into a Nazi bar, people who don't want to hang out with Nazis will find someplace else to be. That isn't unfair, that's just the consequences of your actions.

Musk didn't want those interesting people on his platform to begin with, and he he did everything he could to drive them away.

What I witnessed was tons of people jumping ship on day 1.

Elon jumped into conspiracy theories a bit later, tho I don't see his tweets anymore for some reason.

And for nazi's - you'll find them everywhere if you squint hard enough.

What I witnessed was tons of people jumping ship on day 1.

There were definitely waves of jumping ship. Some people left on day 1, presumably because, well, life is too short to have to deal with Musk. But IIRC the biggest boosts to Mastodon traffic (for most of the early period Bluesky was invite only so not a useful metric) were around when it started banning a bunch of journalists (this later seems to have been abandoned as a strategy), brought back a bunch of particularly egregious lunatics, and nuked the third party API. Those inciting events were scattered from late 2022 to early 2023.

You don't have to squint very hard to find them, given that the result of Elon's quest to destroy Twitter's "woke mind virus" (which he was ranting about when he bought the platform) is making a safe space for them and boosting their content as much as possible.

Yet somehow I heard more about them here than on twitter.

Also kinda amazing even anti-elon bots haven't been stopped - https://x.com/teslaeurope/status/1831622360656421294

Twitter was doing okay (maybe not) before pre-musk without being another facebook .

New owner is actually the best option in my opinion too , but I don't think anyone is willing to buy it for 44b .

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