An estimated $4 to $20 billion in value, what is he thinking?

  • zxo@sopuli.xyz
    link
    fedilink
    arrow-up
    22
    ·
    1 year ago

    It seems to me that recently, Big Tech CEOs have been searching for interesting and creative ways to utterly destroy their company with no chance to rebuild it. Maybe he is trying to do that? At this point, it seems to me like Elon is doing his best diligence to set money on fire and run Twitter into the ground.

    • Limeaide@beehaw.org
      link
      fedilink
      English
      arrow-up
      3
      ·
      1 year ago

      It honestly seems like some sort of virus going around. It has affected people I know, strangers I see on the street, CEOs, celebrities, comedians, etc.

      People have just lost their common sense and are more likely to believe the impossible than the improbably. More likely to act out of spite than the interests of society as a whole, or even their own self interest.

      Not sure if it was COVID, the internet, media, or idk what else, but people like Elon are popping up left and right. It’s crazy and I don’t even have the words to describe it.

      • stealth_cookies@lemmy.ca
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        VCs fucked up the tech industry when capital was cheap by investing in companies that showed potential for massive growth without caring for the viability of the business. Now capital is expensive and these same companies are now trying desperately to make a profit to become a sustainable business because the VCs aren’t blindly giving them money anymore. This is exposing a lot of company’s leadership teams incompetence.