Musky
Comments
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ddraver said:
Never forget that the pace of computer development is driven by porn and gaming...
Everything else is just a bystander
Given that, it still amuses me that Cobol is still a thing. Well, maybe that's because it would be utterly useless for either porn or gaming, so it passes under the radar.0 -
Here's an insider's view on Twitter verification:
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An American legal scholar checking out Musk's paid-for verification with an April Fool joke, and getting banned from Twitter as a result - that was the result he was expecting, and was ready to jump ship anyway.
Seems that Musk has also been inserting code to move pro-Ukraine posts out of the limelight. I don't think it's going to be too long before he's standing there in the wreckage, with some batshit crazies, yelling into the "But it's mine, all mine!" At what stage do the people who loaned him billions call in their debts?
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What will calling the debts in look like? Is Musk personally on the hook for this and have to raise funds or will he just have Twitter taken off him?
Even allowing for him not having experience at managing social media, the decline of Twitter seems to be happening quite quickly.0 -
Jezyboy said:
What will calling the debts in look like? Is Musk personally on the hook for this and have to raise funds or will he just have Twitter taken off him?
Even allowing for him not having experience at managing social media, the decline of Twitter seems to be happening quite quickly.
...despite him being a genius who didn't need to take any time to understand how it works, firing all the expert staff and anyone who disagreed with him, and p!ssing off advertisers and a lot of the users... I mean apart from that, he's hardly put a foot wrong.0 -
I did enquire similar a few days ago.Jezyboy said:What will calling the debts in look like? Is Musk personally on the hook for this and have to raise funds or will he just have Twitter taken off him?
Even allowing for him not having experience at managing social media, the decline of Twitter seems to be happening quite quickly.
Is Twitter insolvency the easiest exit strategy for Musk?
It will all be limited liability stuff well distanced from his own personal wealth I’d have thought. He will burn a few bridges with his investors but that’s their problem.
Possibly gives him a good opportunity to play victim a la Trump which seems to work quite well in these weird times.0 -
He's made it worse again! Quite an achievement.
Seems he's kept the legacy blue tick for now, but taken away the ability to see if a blue tick is actually verified or just paid for. Worst of all worlds.
Only one account has lost its tick, the NY Times. I think the 54M followers might be a hint that it's the real thing.0 -
I predict there'll be a lot of people asking to remove their blue ticks.ddraver said:The sound of furious backpedalling
Ironic because still doesn't actually solve the problem about verification, which is the whole point...0 -
He un-ticked the NYT because they dared to criticise him. He really is a baby.0
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It seems he has put in about $23bn of his own money and the rest is other investors and loan against Twitter.morstar said:
I did enquire similar a few days ago.Jezyboy said:What will calling the debts in look like? Is Musk personally on the hook for this and have to raise funds or will he just have Twitter taken off him?
Even allowing for him not having experience at managing social media, the decline of Twitter seems to be happening quite quickly.
Is Twitter insolvency the easiest exit strategy for Musk?
It will all be limited liability stuff well distanced from his own personal wealth I’d have thought. He will burn a few bridges with his investors but that’s their problem.
Possibly gives him a good opportunity to play victim a la Trump which seems to work quite well in these weird times.
I can't imagine the other investors would let him declare insolvency so would either remove him as CEO and/or find a buyer.0 -
In that case, what a plonker!surrey_commuter said:
It seems he has put in about $23bn of his own money and the rest is other investors and loan against Twitter.morstar said:
I did enquire similar a few days ago.Jezyboy said:What will calling the debts in look like? Is Musk personally on the hook for this and have to raise funds or will he just have Twitter taken off him?
Even allowing for him not having experience at managing social media, the decline of Twitter seems to be happening quite quickly.
Is Twitter insolvency the easiest exit strategy for Musk?
It will all be limited liability stuff well distanced from his own personal wealth I’d have thought. He will burn a few bridges with his investors but that’s their problem.
Possibly gives him a good opportunity to play victim a la Trump which seems to work quite well in these weird times.
I can't imagine the other investors would let him declare insolvency so would either remove him as CEO and/or find a buyer.
Surprised they’re not already trying to remove him.
Honestly, I think Twitter has so much gravity it’ll keep going but I have seen no plan to successfully monetise it that is also brand building.
It may reach a reduced cost scale where it can wash its face with the new revenues but it seems it will be worth far less than the notional value it had when purchased.
It categorically won’t be a bastion of free speech. It’ll be agenda driven to Musks preferences.0 -
The guy's an imbecile.0 -
I saw just the doge flash up on an otherwise white page earlier when I was trying to check the virgin media twitter account to see outage updates, and thought I'd imagined it.kingstongraham said:
The guy's an imbecile.- Genesis Croix de Fer
- Dolan Tuono0 -
I really don't see how he can reduce his costs that quickly. I imagine the cost of delivering ads on twitter is close to zero.morstar said:
In that case, what a plonker!surrey_commuter said:
It seems he has put in about $23bn of his own money and the rest is other investors and loan against Twitter.morstar said:
I did enquire similar a few days ago.Jezyboy said:What will calling the debts in look like? Is Musk personally on the hook for this and have to raise funds or will he just have Twitter taken off him?
Even allowing for him not having experience at managing social media, the decline of Twitter seems to be happening quite quickly.
Is Twitter insolvency the easiest exit strategy for Musk?
It will all be limited liability stuff well distanced from his own personal wealth I’d have thought. He will burn a few bridges with his investors but that’s their problem.
Possibly gives him a good opportunity to play victim a la Trump which seems to work quite well in these weird times.
I can't imagine the other investors would let him declare insolvency so would either remove him as CEO and/or find a buyer.
Surprised they’re not already trying to remove him.
Honestly, I think Twitter has so much gravity it’ll keep going but I have seen no plan to successfully monetise it that is also brand building.
It may reach a reduced cost scale where it can wash its face with the new revenues but it seems it will be worth far less than the notional value it had when purchased.
It categorically won’t be a bastion of free speech. It’ll be agenda driven to Musks preferences.
Never forget that he put $4.2bn on the price so he could make an hilarious drug reference.0 -
He's clearly intelligent, but millions of people are too. I'd say his success comes from hard work, a first principles mindset and the ability to take risks 99.99% of people would run a mile from.
Three years sleeping on the shop floor (Tesla M-3), nobody bleeds for the King in their castle. Both SpaceX and Tesla have been on the brink.0 -
British billionaire Sir Richard Branson's rocket company Virgin Orbit has filed for bankruptcy in the US after failing to secure new investment.https://www.bbc.co.uk/news/business-65172594
The satellite launch company halted operations weeks ago but it hopes to find a buyer for the business.
The company, based in California, announced last week that it would cut 85% of its 750-strong workforce.
Earlier this year, a Virgin Orbit rocket failed to complete its first-ever satellite launch from UK soil.
It ain't easy!0 -
I’d say he’s had the luxury of growing up being able to take risks with little consequence.focuszing723 said:He's clearly intelligent, but millions of people are too. I'd say his success comes from hard work, a first principles minset and the ability to take risks 99.99% of people would run a mile from.
Three years sleeping on the shop floor (Tesla M-3), nobody bleeds for the King in their castle. Both SpaceX and Tesla have been on the brink.
Coupled with a high work drive he has driven success through sheer stubbornness and that risk taking rather than any particular intelligence. He has employed lots of intelligent people and is happy to take some of their credit.
Twitter has severely exposed his limitations as he has put himself at the helm and it is unravelling around him.
Should stick to what he knows.0 -
Have you seen the Derren Brown thing with horse racing bets?focuszing723 said:He's clearly intelligent, but millions of people are too. I'd say his success comes from hard work, a first principles minset and the ability to take risks 99.99% of people would run a mile from.
Three years sleeping on the shop floor (Tesla M-3), nobody bleeds for the King in their castle. Both SpaceX and Tesla have been on the brink.
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No. I might do when when he's sent blokes to space instead of p1ss1n about with people's noggins!kingstongraham said:
Have you seen the Derren Brown thing with horse racing bets?focuszing723 said:He's clearly intelligent, but millions of people are too. I'd say his success comes from hard work, a first principles minset and the ability to take risks 99.99% of people would run a mile from.
Three years sleeping on the shop floor (Tesla M-3), nobody bleeds for the King in their castle. Both SpaceX and Tesla have been on the brink.0 -
Yeah he takes risk and he got lucky.focuszing723 said:He's clearly intelligent, but millions of people are too. I'd say his success comes from hard work, a first principles mindset and the ability to take risks 99.99% of people would run a mile from.
Three years sleeping on the shop floor (Tesla M-3), nobody bleeds for the King in their castle. Both SpaceX and Tesla have been on the brink.
He's not that bright. As we can plainly see.0 -
I Don't know, lucky twice? I remember hearing venture capitalist talking about him, one reason they didn't pull the funding was he risked everything he had financially too. They thought if the blokes prepared to do that he's worth backing/risking. Sure enough he pushed himself to the brink trying. How many Kings in their tower do that?rick_chasey said:
Yeah he takes risk and he got lucky.focuszing723 said:He's clearly intelligent, but millions of people are too. I'd say his success comes from hard work, a first principles mindset and the ability to take risks 99.99% of people would run a mile from.
Three years sleeping on the shop floor (Tesla M-3), nobody bleeds for the King in their castle. Both SpaceX and Tesla have been on the brink.
He's not that bright. As we can plainly see.
I think it's a combination of those four things.0 -
That's entirely why we're talking about luck as that is a really good reason *not* to back them. It's not good judgement is it?focuszing723 said:
I Don't know, lucky twice? I remember hearing venture capitalist talking about him, one reason they didn't pull the funding was he risked everything he had financially too. They thought if the blokes prepared to do that he's worth backing/risking. Sure enough he pushed himself to the brink trying. How many Kings in their tower do that?rick_chasey said:
Yeah he takes risk and he got lucky.focuszing723 said:He's clearly intelligent, but millions of people are too. I'd say his success comes from hard work, a first principles mindset and the ability to take risks 99.99% of people would run a mile from.
Three years sleeping on the shop floor (Tesla M-3), nobody bleeds for the King in their castle. Both SpaceX and Tesla have been on the brink.
He's not that bright. As we can plainly see.
I think it's a combination of those four things.
There's a tonne of research about investment blah blah, and skin-in-the-game is not a predictor of better investment outcomes.
Skin-in-the-game is mainly a way for professional investors to have their @rse covered when they do lose their money.0 -
A combination of those four things though. I think it's more than just luck.rick_chasey said:
That's entirely why we're talking about luck as that is a really good reason *not* to back them. It's not good judgement is it?focuszing723 said:
I Don't know, lucky twice? I remember hearing venture capitalist talking about him, one reason they didn't pull the funding was he risked everything he had financially too. They thought if the blokes prepared to do that he's worth backing/risking. Sure enough he pushed himself to the brink trying. How many Kings in their tower do that?rick_chasey said:
Yeah he takes risk and he got lucky.focuszing723 said:He's clearly intelligent, but millions of people are too. I'd say his success comes from hard work, a first principles mindset and the ability to take risks 99.99% of people would run a mile from.
Three years sleeping on the shop floor (Tesla M-3), nobody bleeds for the King in their castle. Both SpaceX and Tesla have been on the brink.
He's not that bright. As we can plainly see.
I think it's a combination of those four things.
There's a tonne of research about investment blah blah, and skin-in-the-game is not a predictor of better investment outcomes.
Skin-in-the-game is mainly a way for professional investors to have their @rse covered when they do lose their money.
I should and another, the persona he's developed akin to people like Sir Richard Branson (especially the early days), courted and made the media work for him. Cheap positive adverting, a Human element to a product/service people can latch onto.0 -
I really don't get the adoration of this bit. 1. Pretty much all business owners put a lot on the line, so that's nothing special. It's unlikely you will succeed if you are not committed. 2. The idea that spending every waking hour on something will lead to a better outcome than taking time away to reflect is misguided at best. Lack of reflection leads to stupidity that is on show daily.focuszing723 said:He's clearly intelligent, but millions of people are too. I'd say his success comes from hard work, a first principles mindset and the ability to take risks 99.99% of people would run a mile from.
Three years sleeping on the shop floor (Tesla M-3), nobody bleeds for the King in their castle. Both SpaceX and Tesla have been on the brink.1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
I Don't think he had a choice it would have gone bust if the production issues weren't sorted.rjsterry said:
I really don't get the adoration of this bit. 1. Pretty much all business owners put a lot on the line, so that's nothing special. It's unlikely you will succeed if you are not committed. 2. The idea that spending every waking hour on something will lead to a better outcome than taking time away to reflect is misguided at best. Lack of reflection leads to stupidity that is on show daily.focuszing723 said:He's clearly intelligent, but millions of people are too. I'd say his success comes from hard work, a first principles mindset and the ability to take risks 99.99% of people would run a mile from.
Three years sleeping on the shop floor (Tesla M-3), nobody bleeds for the King in their castle. Both SpaceX and Tesla have been on the brink.
That's fair, a combination of things though.0 -
https://www.bbc.co.uk/news/business-65172594focuszing723 said:
A combination of those four things though. I think it's more than just luck.rick_chasey said:
That's entirely why we're talking about luck as that is a really good reason *not* to back them. It's not good judgement is it?focuszing723 said:
I Don't know, lucky twice? I remember hearing venture capitalist talking about him, one reason they didn't pull the funding was he risked everything he had financially too. They thought if the blokes prepared to do that he's worth backing/risking. Sure enough he pushed himself to the brink trying. How many Kings in their tower do that?rick_chasey said:
Yeah he takes risk and he got lucky.focuszing723 said:He's clearly intelligent, but millions of people are too. I'd say his success comes from hard work, a first principles mindset and the ability to take risks 99.99% of people would run a mile from.
Three years sleeping on the shop floor (Tesla M-3), nobody bleeds for the King in their castle. Both SpaceX and Tesla have been on the brink.
He's not that bright. As we can plainly see.
I think it's a combination of those four things.
There's a tonne of research about investment blah blah, and skin-in-the-game is not a predictor of better investment outcomes.
Skin-in-the-game is mainly a way for professional investors to have their @rse covered when they do lose their money.
I should and another, the persona he's developed akin to people like Sir Richard Branson (especially the early days), courted and made the media work for him. Cheap positive adverting, a Human element to a product/service people can latch onto.
Virgin Orbit: Richard Branson's rocket firm files for bankruptcy- Genesis Croix de Fer
- Dolan Tuono0 -
Not even sure what you mean by King in his tower. Like I said, loads of people start up businesses by borrowing against the value of their home or another asset that gives the lender security. Many of them fail. Most have far more to lose than inherited cash. It's really not something exceptional.focuszing723 said:
I Don't know, lucky twice? I remember hearing venture capitalist talking about him, one reason they didn't pull the funding was he risked everything he had financially too. They thought if the blokes prepared to do that he's worth backing/risking. Sure enough he pushed himself to the brink trying. How many Kings in their tower do that?rick_chasey said:
Yeah he takes risk and he got lucky.focuszing723 said:He's clearly intelligent, but millions of people are too. I'd say his success comes from hard work, a first principles mindset and the ability to take risks 99.99% of people would run a mile from.
Three years sleeping on the shop floor (Tesla M-3), nobody bleeds for the King in their castle. Both SpaceX and Tesla have been on the brink.
He's not that bright. As we can plainly see.
I think it's a combination of those four things.1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0
