Originally published at: Magical thinking: revenue isn't down because X didn't exist last year
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Somehow I think that the Bonesaws Clan and the cold-blooded bankers who lent Musk the money to pay for the over-priced acquisition aren’t as susceptible to such thinking as the collection of yes-men and sycophants in Xitter’s executive suite.
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“See, technically the company you lent me money to buy is completely gone!” doesn’t sound like the best pitch.
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That’s fair, it’s not like X inherited Twitter’s advertisers and users. Or continues to use the same platform and web address.
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Meanwhile, in less magical news for Musk…
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The amazing thing about susceptible toadies, is that if angry investors and banks could ever sue Musk for negligence in business practices, said toadies – being, by definition, spineless and easily swayed – would be witnesses for the prosecution with the tiniest push. Thank goodness toady witnesses have no spines.
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“We’ve sold more New Coke in the second quarter of 1985 than ever before!”
—Some cola executive, probably
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Would a rose by any other name still not make any money?
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A wee-bit tin-foil-hattish, but it’s also possible that those who lent money to purchase twitter, and others who are permitted to spread their bots/message, may account their returns (and continued support) in other than “revenue”
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I’m sure the Saudis are making full use of their loan to stifle dissent against their regime on the platform.
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If MuskX gives them all the metadata, they can stifle dissenters.
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Fourth dimensional thinking is apparently indistinguishable from really bad two dimensional thinking.
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Well maybe the strategy of “you can’t compare performance to previous years if we keep changing the name and pretending it’s a different website every year” will mean the debt collectors won’t be able to find them, either.
I’m honestly just shocked that they’re still making even close to 60% of their previous revenue. Although that was the first three quarters - I’d be really surprised if it was still that high (or if the 600 million was even accurate in the first place).
[puts on weird accent and fake mustache] “No, no, am not ‘Tweeter,’ who is ‘Tweeter’? Am ‘Ex’ - total different!” [quickly pushes pile of cardboard boxes in front of unchanged URL, hoping no one noticed]
No, wait - that’s not an accurate illustration, nothing’s on fire…
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Next year, “Y”.
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Lots of people have been asking that question ever since the idiot took over.
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Two? You’re giving him more credit than I am
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