Conversation

Is there a running list somewhere of advertisers who have paused twitters ads and revenue at risk? $4m/day losses and all this drama with loaded culture war brinkmanship for months… I don’t think I’d need activists to spook me if I were an advertiser
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The precarity would have been evident even before the crash. I get he made an impulsive offer but did the banks putting up 13b or whatever do zero due diligence? What exactly was their thesis? Trump’s pillow guy backfills all the mainstream advertisers?
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I can’t recall when Musk first went publicly red-pilled but it was well before April, so this advertising exodus wasn’t exactly a surprise twist.
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1) The number is probably BS, and/or includes the debt load he just added to the balance sheet. 2) He doesn't care about Macy's, he cares about grabbing the mic and selling it to politicians. 3) Once the dust settles the advertisers will come back.
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Wow. This is from 2Q22, so won't include new debt. $343M operating loss. Huge R&D line, which is probably what gets chopped first.
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Sure, more D than R. But when pirates take over a luxury yacht with the goal of steaming straight into the enemy harbor, all the dinnerware, potted plants, and surplus crew get thrown overboard.
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