this post was submitted on 17 Jun 2023
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Imagine cribbing notes from a guy that has seen the social network he purchased drop in value by 2/3rds.
Yeah, I still can't figure out what sort of mentality makes that seem like a good idea.
For Musk there's at least a chance of some sort of thought process going on there. Narcissistic people tend to think that everyone else is just like them (although maybe a lesser version of themselves.) Musk has had a very serious addiction to Twitter for a long time, therefore everyone has a very serious addiction to Twitter, therefore we can charge people a ton of money for their Twitter and since they can't leave they'll have to pay for it. And legal repercussions? Why, he's never seen those in his life!
Maybe spez is the same, just with a bunch of alt accounts so that he can post in /r/jailbait or whatever. I can see why he might want to turn reddit into 9gag if that's all he's ever used it for himself and isn't capable of understanding the concept of other people having different uses for it.
But at some point he must notice that it's not been going well? Right?
greed is helluva drug. i think the simpler explanation is he thought it's all going to bring him more profit
i mean, depending on what do you want to do, this might be a good idea. their motivations remain unknown, maybe they wanted to burn the place to the ground before an ipo, you never know
Iβd bet thereβs gonna be some ~~Saudi~~ House of Saud money in that IPO.
as in, who would like to see that place burn? like russian govt wanted to, and did destroy livejournal because it was a nest of opposition. i don't know who would that be, but there are some solid candidates
I admittedly don't know much about IPOs, but...wouldn't that tank the value and lessen the profit from said IPO?
sure, if your incentives are purely economic, then it does not make sense. but, just look at what musk did with twitter - he burned bulk of its value, sure, but he also had ideological incentives to flood that place with altright chuds, and that worked. this does not make sense here tho
This comment made me chuckle.
Why?