If you voted "step down as CEO" in Elon Musk's phony poll, you did something wrong.
His motivation to buy #birdsite was not to run it, but to implement his version of #freespeech. Passing the mantle now means:
* Return to being a user
* Have someone else to pull the potatoes out of the fire
* Transfer #legal responsibility to that someone
* Stop the main drive for #twittermigration
* Recover biz cred
* Being the owner, still keep #twitter as a personal mouthpiece!
In short: he gets it all.
His motivation to buy #birdsite was not to run it, but to implement his version of #freespeech. Passing the mantle now means:
* Return to being a user
* Have someone else to pull the potatoes out of the fire
* Transfer #legal responsibility to that someone
* Stop the main drive for #twittermigration
* Recover biz cred
* Being the owner, still keep #twitter as a personal mouthpiece!
In short: he gets it all.
Patrick, the Linux guy
•If he manages to find a CEO, who does a better job (is #JohnMastodon available?), that will rub off on him, too.
Twitter will die. If not from this, then from whats happening in the engineroom.
Vic Uzumeri 🇨🇦 with🇺🇦
•In his last year, Jack Dorsey spent US$5.5B and earned US$5B with Twitter.
Elon adds $1B in debt service and loses $2B or $3B in ad revenue. He maybe saves $1B or $1.5B in staffing costs. That still leave $2B/yr. (give or take) hole to fill.
He can subsidize eternally from his own pocket … or declare Chapter 11. If he hires a CEO, it will be to steer it through bankruptcy.
and it will never be the same.
Vic Uzumeri 🇨🇦 with🇺🇦
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