Fingers crossed that today’s twitter layoffs are the trough and there might be some good things starting in a week or two.
Conversation
The persistent danger is all these signs of management by woke-derangement-syndrome. He’s blaming ad revenue drops on activism?? That’s not… a promising thought process to guide a turnaround. You don’t get to creative leaps starting with totalizing political purge missions.
6
9
104
One thing that’s just sinking in for me is the degree to which Musk is more PE turnaround guy than startup guy. He goes after *old* industries and distressed assets. He bought old Toyota-GM factory for Tesla. Tried to buy Russian rockets before betting on Tom Mueller.
6
13
85
Replying to
Yea, he's always said he hated the early stage, and I'm generally with him honestly.
Also, Rockefeller, Carnegie, etc did the same thing.
1
1
Replying to
How rockefeller? Oil refining as an industry barely existed before he stepped in to create it.
Carnegie developed the scaled integrated steel plant out of the small-scale artisan steel industry. I'd say they were early stage.
Rockets and cars (including EVs) are ~100y old
And yes, you are, I had you tagged as that before I had elon tagged as that 😂
1
1
Show replies
Replying to
Rockefeller was famous for buying up other oil fields, refineries, and rail lines. He was a finance / 1 to n scale guy really.
Carnegie was a investor: PRR --> Pullman --> angel in the Bessemer process, then got them to build his mill, and then got Frick to run it.
1
3

