Fingers crossed that todayโs 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. Heโs blaming ad revenue drops on activism?? Thatโs notโฆ a promising thought process to guide a turnaround. You donโt get to creative leaps starting with totalizing political purge missions.
6
9
104
One thing thatโs 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
2
4
And yes, you are, I had you tagged as that before I had elon tagged as that ๐
Replying to
I think it's actually easier to innovate for some personalities with more people who take care of the shit you don't want to think about so you can focus on the core problems.
See: Gwynne Shotwell who like 80% of SpaceX roll-up to.

