this post was submitted on 30 Jun 2023
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The site is handing out Thursday deadlines for reopening as key metrics take a hit.

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[–] CIWS-30@kbin.social 6 points 1 year ago

Yeah, don't understand that. Elon's a guy that overpaid for Twitter: a site that swings between mostly unprofitable and sometimes slightly profitable and then saddles it with a huge loan with interest payments so large that it basically guarantees that it's already dead because there's no mathematical way for it to make enough profit to continue.

Unless the Saudis and other dictators aligned with them decide that it's worth giving Musk a break in order to turn Twitter into a propoganda machine / spy site to catch activists and dissenters, Twitter's already dead. It just hasn't finished bleeding out yet.

How can Spez look at that and think, "Oh hey, I want THAT for Reddit."