"Pivot to video" - How many popular sites turned to shit and died 15 years ago.
this post was submitted on 10 Jan 2024
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Something that I feel needs to be reiterated with all of these "news" pieces - the "71% drop" everyone is touting is from the stupidly high price Musk bought Twitter for that only ever represented his desire to flex, not the value held by the site itself. Even Musk knew it wasn't worth that much and tried desperately to get out of the deal himself.
Twitter was trading around $40 at the time he made the offer for $54 per share. At the current value, that equals $15 per share. The last time Twitter was trading at that value was 2017.
These are all rough numbers based on some graphs I looked over quickly.
If you want to play devils advocate on this topic you should understand what you're talking about.
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X, the platform formerly known as twitter, is now dealing in sour grapes.
There sure is a lots of video with young looking girls on there, but I'm not sure why anyone would be advertising that.
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It's an interesting claim.
I don't think I've ever seen a platform struggle more with video than Twitter. Everything looks like it's using RealPlayer. It's the only platform where the Japanese wouldn't have to censor their porn before uploading.
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This might work but on the other hand, the brand name "X" doesn't have a nice ring for the younger generation unlike TikTok or even Vine. "X" is so.... Gen X...(sorry, boomer for the young 'uns for everything before 2010).
Gen X is not boomers. Gen X is the “lost generation” which is ironic considering the context here. They were between boomers and millennials, and are typically the parents of millennials and some gen z.
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A few months back and he was driving his employees to produce banking apps and god knows what else. I wonder what they think of their mercurial asshole boss who'll demand everything all at once.
It's "just" programming, how hard are can it be the program the app that does everything? /s
With this guy, I can only assume he's saying so because video ads generate more profit.
Twitter has no skin in the video serving game and they have no USP there (aside from famously allowing porn). When he realizes the folly of his actions, he'll do another U-turn like the many he's done since purchasing Twitter.
I didn't know this guy's character before he bought Twitter but am now fully convinced he's but a charlatan who's always trying to seek the popular 'vote' as a billionaire.
Elon's statements are the verbal equivalent of getting drunk and vomitting on a wall. Stuff comes up that you never expected to see, it creates a huge mess, and whatever sticks, sticks.
And yet, how often does Elon create and post videos?
I'm looking forward to all the selfie videos with Elon sitting on the toilet accusing his advertisers of being pedos. Then we can sit and guess what specific drugs he's on that particular day.
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