Post
Topic
Board Politics & Society
Re: Where would Twitter go after its takeover by Elon Musk ?
by
Gyfts
on 19/11/2022, 08:41:32 UTC
If it's true Elon's losing 4M USD a day, he might file for bankruptcy and the company will collapse within itself soon enough. Problem with twitter is that it couldn't monetize its users to the extent facebook can so he'll have to rely on Twitter blue revenue which is 8 USD/month. Entire company is dependent on whether Twitter blue can generate sufficient revenue. That is to say, twitter is doomed.

If Twitter were only dependent on Twitter blue revenue, it would be still unstable in the long term and of course it's doomed. What if Elon brings more revenue channels and makes the revenues continuous ? It seems like he is doing some experiment on Twitter and we'll have to wait for the final result.

I'm trying to imagine what that would look like but the recent news of the "twitter shutdown" seem very real with staff leaving and the company bleeding money.

Elon continually tweets that Twitter usage is at an all time high -- but those metrics are meaningless if advertisers are dropping twitter. If active users do not contribute to monetization of some sort, twitter's dead.

When I anticipated Twitter's demise, I had not factored in the employees packing up their bags and leaving the company to rot now that they had to actually do work instead of being paid to chat. I can only assume this will accelerate the downfall.