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
Redoing this QT.
--
Le sigh. Hard not to read what's going on as a sort of very expensive ressentiment mission. But why? Only explanation I can think of is that the financial hole is so deep due to overpayment, the only value to him is as a vehicle for political axe-grinding.
2
1
12
Thread continues here
Quote Tweet
I don't think it was a conscious pivot, but what started as a casual acquisition/turnaround idea with some spicy culture-war potential is now entirely a vehicle for politics. A sort of de facto third political party rather than a business.
Show this thread
