Edit: Article is likely fake https://twitter.com/GergelyOrosz/status/1586058607585812481
Edit: Article is likely fake https://twitter.com/GergelyOrosz/status/1586058607585812481
I'd look at it more that he's trying to limit losses than make a profit.
Interesting that you think the entire data team is double & triple redundant.
It's almost as if you're the one lacking knowledge.
Speaking as someone who previously worked at a company blatantly committing fraud, the CEO hand-picking the entire data team was instrumental to said fraud.
Maybe that's just my past causing the suspicion. If he laid off 75% of the data team, I'd be less skeptical. Maybe he thinks they're double and triple redundant, as you say. 100% is extremely suspect, though.
As someone who runs Tesla, which has a large data eng team, he knows the entire team isn't useless.
My guess is there's a plan. You don't spend $44B or whatever it was without a plan. Or... well, I wouldn't. But with Musk, anything's possible.
I honestly hope he ends up killing Twitter. Maybe we can convince him to buy the next social platform and then lather, rinse, repeat until he becomes the savior we didn't want but the savior we needed in eliminating the cancer that social has become.
Some of us have more memory than a goldfish ya know? It wasn't even a month ago that Elon Musk was 100% full tilt "too many bots on Twitter / Twitter not worth this money".
We get that Musk has to _pretend_ that he likes the company now. But we all know its the judge who forced him to do this.
2012: $79MM loss
2013: $645MM loss
2014: $577MM loss
2015: $521MM loss
2016: $456MM loss
2017: $108MM loss
2018: $1206MM gain
2019: $1466MM gain
2020: $1136MM loss
2021: $221MM loss
Given billions in accumulated losses, where else did you think twitter was, other than in the ground? It certainly wasn't in the sky.
Six months from now he will announce that the fake account problem is solved. His supporters will laud him as a genius. Did he actually remove bots? No one will know, and no one will care.