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Comment by gumballindie | Hacker News Reader

The value of the business tanked due to Musks poor decisions. The value of twitter didnt drop because a worker didnt add more unit tests. Actually not doing it may be the reason it’s not bankrupt yet. If bro wouldnt have run his mouth like the baby he is it would have skyrocketed.

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It's still pretty funny seeing people cope about Twitter. Turns out you don't need that many engineers for a feature complete product.

Those in power seizing control of a product once it’s created is a timeless story. See the Prague clock tower or Daedalus the Labyrinth builder who was imprisoned there by King Minos. Not a new story, or a particularly wise business decision.

I'm not an engineer, but...Twitter doesn't seem to be doing all that well.

I don’t have much experience (4 years as a full time dev; FAANG and some medium sized startups) but honestly this is the truth. Some of the projects at these companies are so over bloated and redundant that if a company wanted to save money, they can easily fire a lot of folks, keep the necessary teams for the money making products and go into maintenance mode to keep the existing cash cows going

That might be so, but are those engineers being worked into the ground to make it happen?

Make what happen? Apply security patches? Engineers aren't needed to push the electrons around the computers, that happens automatically.

Yes that's exactly why their value dropped. Because value isn't the present value of the business. It's the future competitiveness and innovation they bring to the table. Twitter has none of that anymore. There's no hope for growth, a new product, etc.

Exactly why the value dropped was advertiser pullout due to a partisan pressure campaign. Which was not a free campaign in terms of political currency.

He's definitely doing a good job showing that the easiest way to create a $10B company is to start with a $43B company, that's for sure.

> it would have skyrocketed

How so?

Costs were cut, but cutting costs doesn't do anything to increase gross revenue, nor does it do anything to increase the user base.

You can't just cut your way to making a profit on a $44 billion investment.

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