this post was submitted on 24 Jul 2023
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This is wild, a significant percentage of Twitter's value was its brand, and this guy has just slapped an X on it and changed the colour scheme to dark mode. Do people actually still use Twitter?
The brand name and the logo were literally the only thing Musk had left from his purchase.
Makes sense that he's out to destroy those as well.
Yeah the conspiracy theory that he's out to destroy it seems to be real.
Unfortunately not enough of those have left yet. News and journalism was the backbone of what made twitter big back in the day, and they still constitute a huge part of the traffic that keeps it alive today.
They seem to be among the last to recognise what associating yourself with Musks brand does for your own brand.
It's quickly turning into another Parler or Truth Social
The Twitter branding and userbase were the only value in Twitter.
Now old users are going to have no attachment to this weird new look and name.
And new users are not going to come, because they're going to think "it's still Twitter, why would I care about that?"