dm on Nostr: npub1dl06e…f49nf are you joking? It’s far, far dumber. AOL made money when Time ...
npub1dl06erjt4wemcge459j8u5a95d6kdqwl46s5harf3takdwhwedqs5f49nf (npub1dl0…49nf) are you joking? It’s far, far dumber.
AOL made money when Time Warner merged with it; the mistake was the common one of thinking a merger would increase shareholder value.
Twitter hardly ever turned a meaningful profit; Elon’s whole thesis was simply that he and he alone, despite no prior experience running a social network and not synergies with his other companies, could fix it. And instead, nearly all his moves have destroyed value, and the only hope of survival is bringing in a new conventional CEO to try to put things back the way they (unprofitably) were.
AOL made money when Time Warner merged with it; the mistake was the common one of thinking a merger would increase shareholder value.
Twitter hardly ever turned a meaningful profit; Elon’s whole thesis was simply that he and he alone, despite no prior experience running a social network and not synergies with his other companies, could fix it. And instead, nearly all his moves have destroyed value, and the only hope of survival is bringing in a new conventional CEO to try to put things back the way they (unprofitably) were.