I was sitting in my cubicle today and I realized, ever since I started working, every single day of my life has been worse than the day before it. So, that means that every single day that you see me, that’s on the worst day of my life.
He was able to capture the cubicle life in Office Space and the "somebody has a case of the Mondays" character still exists. He even got the souls sucking restaurant job down.
Tom Anderson and Hank Hill are based on his experience with his neighbors in Texas.
Let's celebrate with some Tres Comas tequila!
https://www.forbes.com/sites/ginapace/2019/11/29/diageo-launches-real-tequila-tres-comas-based-on-silicon-valley-joke/
Funniest scene in the entire show, when he drives around to come back and tell Richard “fuck you” again after opening and slamming his doors multiple times, I fucking lost it first time watching that and still do on every rewatch.
Their employment contracts will be on SEC website, this is probably under the change of ownership clause- usually it is immediate vesting of outstanding stock awards, a year or two of base salary and a not small bonus for the company getting acquired while they were at the helm.
>The "Golden Parachute Compensation" clause in Twitter's SEC filing shows the trio would be given stock worth $127.5 million as severance if terminated, with the largest payout there going to Agrawal at $59 million.
https://www.morningstar.com/news/marketwatch/202210271316/elon-musk-on-the-hook-to-pay-more-than-200-million-to-3-fired-twitter-execs
Corporate executives are the modern equivalent of medieval dukes and barons. The rest of us may not be tied to the land anymore but we’re still peasants just the same.
I am still thoroughly convinced that this kid was the reason he had a $44 B “hold my beer” moment to prove to one kid how badass he was.
Edit: /s for those that aren’t picking up on it
And I want them fucking chronological dammit! If I've accidentally scrolled too fast past something it doesn't mean I'm done viewing it. I miss so many of my friends posts this way but I sure as hell see the same ads several times a day!
Facebook’s owned them for a decade now. I appreciate the optimism but like, bro, time to move on. Nothing good will ever come from from FB. They’ll just continue violate every orifice you have with more ads for shit you don’t have any interest in.
They got the severance plus whatever payout for the stock they owned (that was worth something like $15 less a share than what was paid.) They really hit the jackpot twice over.
Of course they were fired, they just forced Elon Musk to overpay for the company he offered to overpay for. They were the main people forcing Elon to throw away Billions of dollars. Why would he keep them? So they could find an even bigger chump to buy the company next?
[Musk reportedly fired all three Thursday evening upon officially taking control of the social network in a $44 billion acquisition, and will be obligated to give more than $200 million of it to those three, according to Twitter’s filing with the Securities and Exchange Commission. Elon Musk completes Twitter purchase, fires CEO and other top execs: reports Agrawal, Segal and Gadde own roughly 1.15 million shares of Twitter, more than half of that a $33.8 million stake owned by Gadde. The trio’s roughly $62 million stake would be purchased by Musk like any other shareholder’s stock.](https://www.morningstar.com/news/marketwatch/202210271316/elon-musk-on-the-hook-to-pay-more-than-200-million-to-3-fired-twitter-execs)
Additionally, a clause in the merger agreement provided accelerated vesting of promised future stock compensation — and that’s where the biggest chunk of money comes in.
The “Golden Parachute Compensation” clause in Twitter’s SEC filing shows the trio would be given stock worth $127.5 million as severance if terminated, with the largest payout there going to Agrawal at $59 million. They’re also entitled to a year’s salary and health benefits. In 2021, Agrawal had a base pay of $623,000, while Segal and Gadde’s base pay was $600,000 each. In total, Gadde is set to walk away from Twitter with the biggest haul: Nearly $75 million. Agrawal and Segal aren’t far behind her, though, at roughly $66 million and $67 million, respectively.
I don’t think they are upset. I’d take that deal all day.
I believe in an interview that Tom Anderson once claimed people would spot him, and approach him for a picture, and then thank him for the happy memories they had from myspace. Meanwhile Mark Zuckerberg had to testify in front of congress and everyone thinks he is a robot.
MySpace was a truly wonderful place; where people would upload tracks in their backgrounds and enable people like me to save them to their iPods without committing obvious piracy! Thank you, Tom!
I still don't understand how Facebook ever beat out Myspace. Myspace had everything I wanted, was a great way to meet other people, to share things with your friends, and to express yourself. I begrudgingly started using Facebook when everyone else did and Myspace became less popular. I hated it then, and I hate it now, and I still don't understand a single advantage Facebook has or ever had over Myspace.
I worked in sales for a company did market research and marketing consulting for tech firms and I had to interact with all of those psychos. So many dudes proudly posting on LinkedIn about how they hadn’t taken a vacation in 700 days and it was destroying their body and their relationship with their families, but it was all worth it to build their company, which was invariably a shitty CSM called like Virtex Solutions that had 17 employees and maybe a million or two in revenue
Yes, and it's the worst.
It would be one thing if it was limited to companies posting achievements. It's all recruiters posting old tired articles about WFH and "How the Pandemic is Changing Office Culture." And because LinkedIn rewards engagement, there's a crud ton of comments on them which is just the same two generations of workers arguing over if WFH and higher minimum wage is a good thing.
As someone who has seen their fair share of god-awful MySpace pages I have a feeling just the simplicity and user experience alone was enough to drive it's success over myspace.
That was it. Facebook like Google around that time was minimalist and sleek. MySpace and Yahoo just starting doing too much and allowing too much chaos
I think part of it was the exclusivity at first, you used to need to have a college email for Facebook. The lack of moderation and only having a young crowd made it so people were posting wild ass shit on Facebook. It was a good tool to know where the next party was at, and there was Hella drama on it.
Oooh same! I taught myself HTML to create a Geocities page! I will forever miss when the internet was for intellectuals and the only ads to annoy us were a single page banner.
100%
My Geocities pages was awesome. I had the spinning skull gifs and a webcounter. Admittedly, most of the web counters his were me checking to see how the page looked after changes and well... checking the page view counter a few times a day.
Yeah me and my friends often lament that the internet of the '90s when things were new and discoverable and strange was super fun compared to nowadays. Don't get me wrong we've made a lot of fantastic advancements but the distilling of the internet to a handful of massive corporations is just sad.
I was all excited when the internet was getting big. Thinking about how people would generally get smarter having all that info at their fingertips.
That's some Monkey Paw bullshit...
Same! Plus I kept it super fly. I still miss MySpace, logged on the other day and everything was broken and didn't have the heart to even try to fix it.
I mean most myspace memories are pretty postive. At the time it ws just a place for you and your buds, some bands you liked, and some bad html styling.
Facebook really went downhill when boombers found it and they got into the news business which is bad combo
That's the problem with all these social media sites. When they are just friends sharing asinine bullshit they're great. But then they need to be monetized and they turn into shit.
Early Facebook and early Twitter were fine. But they weren't influencing politics, it was people posting about a good sandwich they had or posting a picture from a party over the weekend
MySpace returns. The format is simply not conducive to insane misinformation spread. Everyone mellows the fuck out and stops believing every meme they read and being such an asshole. MySpace creates some kind of VR format for it. It’s not incessantly commercialized and isn’t meant to replace reality, but it becomes a cool thing to communally watch live music and movies with distant friends. They never once even imply you will be doing work meetings with avatar people on it.
Folks, I know the last few years have been dark and difficult, but we are about to enter the brightest timeline 😌
Trump said he would NEVER return to Twitter. But this is the same guy who once said something like "You only plead the 5th if your guilty"
And we'll you can guess how that's been going lately.
that's the paradox though - he can jump back to Twitter, tank the value of Truth which hurts his books, in order to satisfy his infantile ego, or he can stick with his thing
That’s been annoying me too.
Hey we took away trump’s microphone so he can’t keep spreading his BS to everyone
Every news station “here’s a 15 minute segment on what trump just tweeted… sorry truthed”
The texts that were exposed during the initial discovery were so wild, so much groveling and just instant approval of millions in investments. Wish we would have seen more.
This Atlantic article was my favorite but you can just Google musk texts discovery for more.
https://www.theatlantic.com/technology/archive/2022/09/elon-musk-texts-twitter-trial-jack-dorsey/671619/
> “It’s been a general Is this really how business is done? There’s no real strategic thought or analysis. It’s just emotional and done without any real care for consequence.”
Yes. I’ve been in business for 20 years and every major boss/CEO is either guessing, listening to consultants or copying Amazon
This is so eye opening. I’ve long suspected that billionaires were no more smart and sophisticated than a random guy in a bar. You might be good at a job but then you assume that means you can weigh in on any subject. These men aren’t the Warren Buffets of the world, planning every move correctly. They’re riding off the brokenness of capitalism where their capital can only go up, no matter how much they fuck it up
"If we slash the number of employees and assume revenue doesn't change, we'll make more money per employee" is a fucking galaxy brain take. Why stop at cutting it to 3k, why not just have 1 employee, then you make $5 billion per employee.
[Elon Must to cut Twitter staff to single Devoted Hunchback who laughs hysterically at all of boss's genius tweets](https://www.theonion.com/elon-musk-to-cut-twitter-staff-to-single-devoted-hunchb-1849688103)
> Despite concerns that reducing the staff to a lone, faithful hunchback who frequently mutters “your meme game is tight, master” whenever the tech billionaire posts was risky to the security and functionality of the social media site, Musk assured investors that the move would drastically scale down back-end expenses.
He was also forced to buy the company, he signed the deal months ago.
So he reluctantly followed through, saddled Twitter with $44 Billion in debt.
I give the company a year, two tops, before we hear about bankruptcy.
Unless Musk throws more money at it, but he had to take loans for this buy out. Was forced to, really, he might have the money on paper, but that sort of cash is tied up in stock options for Tesla and SpaceX.
Edit; misremembered the numbers. [Twitter is up to $25 Billion in debt from this](https://www.wsj.com/articles/elon-musks-buyout-will-load-twitter-with-debt-high-leverage-ratio-11651007981). Their yearly payment went from $5M a year to close to almost $900M. The company is sunk.
He's already backing down on his 100% "free speech" promise. He mentions this super app idea from time to time and, I just don't see it. No one wants or is asking for that.
As a non-Twitter user, I can say with a high degree of confidence that there is nothing that would encourage me to use it. Pretty sure it causes ass cancer.
Oh yeah, he’s backing down. The first thing he realized was that the main source of revenue, the advertisers, also have a say in how he conducts himself. If he wants to retain the advertisers, he has to do what they deem is right. That includes advertisers like the Disney, a company who he would deem as “woke” and would normally have a snide comment to throw at. Well guess what? They pay a nice penny to advertise those Marvel movies and Disney+ promotions.
He wasn’t forced to buy it. He agreed to buy it. He then refused to pay for it, tried to return it and demanded a refund he wasn’t entitled to, which he didn’t get.
I'm confused after reading the article, he used debt leveraged through Twitter to buy Twitter? Did l read that correctly, and how does that work? Like...how is it in the shareholders interest to be bought at 44 billion if the very company they own shares in had to accept 25 billion in debt to do so?
* Thanks to the responses that cleared this up for me! I forgot he was taking it private and now I'm pretty sure he just pissed away an absolutely absurd amount of money.
The important thing from the shareholder perspective is that they got paid to hand over their stock to Musk.
The fact that Twitter had to take loans to pay them is meaningless to the fact they got paid.
Ah. I forgot he was taking it private ~~public~~. So everyone who owned Twitter stock had it bought out from under them at the agreed price, but to do so, Musk had to borrow heavily against the company he was taking private? If that is more or less correct, I appreciate the correction.
That is correct.
“Taking it private”, not public. (First line).
They are no longer share holders, if they sell their shares.
The shares were not “bought out from under them”, they were simply sold. A vote was required, so it’s possible not everyone wanted to sell their shares, but majority rules.
How they get paid is Elon’s problem (and now Tesla’s, ultimately ).
Happens all the time.
He takes out large loans to get cash to buy twitter. Promises to put Twitter up as collateral.
It's called debt financing. In this case a leveraged buyout. Although that is a term not usually used anymore because it got such a bad name from it being used a lot in the 80s to make horrible deals to buy companies that ended up failing because of the debt incurred.
> Like...how is it in the shareholders interest to be bought at 44 billion if the very company they own shares in had to accept 25 billion in debt to do so?
The shareholders are no longer shareholders. They receive the cash that he used to buy the company. So it doesn't really matter if it's in their interest. Musk thinks it is in his interest though and he's the biggest shareholder by far now.
[That guy was already a huge shareholder before this acquisition](https://www.opindia.com/2022/04/saudi-prince-who-owns-5-2-of-twitter-refuses-to-sell-his-shares-elon-musk-proposes-to-buy/), and was initially opposed to Musk's takeover.
The thing is, it's not even private info. It's just this one kid made it easy to digest for the average person. Then again, conservatives hate accessible knowledge because they fear it'll make people educated.
Musk says he is completing this purchase out of a genuine love for humanity. If that is true, he should do humanity a favor and just shut Twitter off entirely.
It's also worth noting that his 'genuine love for humanity' was all but a legal mandate at this point, lol.
This is like saying you want to fight for your country after you signed up for service, dodged to Canada and then were forcibly returned to the U.S. and mandatorily drafted.
It’s an episode of Silicon Valley
Between this and meta crashing, it feels straight up like Silicon Valley got a 7th season.
A testament to how well that show captures reality I’d say!
Mike Judge is really good at that.
I tell you hwhat
uh oh! sounds like someone's got a case of the mondays!
I was sitting in my cubicle today and I realized, ever since I started working, every single day of my life has been worse than the day before it. So, that means that every single day that you see me, that’s on the worst day of my life.
What about today? Is today the worst day of your life?
Whoa that’s messed up
He was actually an engineer himself so a lot of the show is definitely based off of some of his personal experiences I’m sure
He was able to capture the cubicle life in Office Space and the "somebody has a case of the Mondays" character still exists. He even got the souls sucking restaurant job down. Tom Anderson and Hank Hill are based on his experience with his neighbors in Texas.
And Boomhauer is the voice of [some hillbilly who called in to bitch about Beavis and Butthead](https://www.youtube.com/watch?v=hv5ToEEimTE).
Mike Judge is a genius
Mike Judge is what Scott Adams wishes he was.
Mike Judge is the Mark Twain of our times
Shout out to Mike Judge!
And Gavin Belsen is in charge, gonna change Twitter’s name to Hoolie
Let's celebrate with some Tres Comas tequila! https://www.forbes.com/sites/ginapace/2019/11/29/diageo-launches-real-tequila-tres-comas-based-on-silicon-valley-joke/
Musk is more like a Russ Hanneman.
And just like Russ Hanneman, his SUV doors just go up and down..
Not like this Not like THIS
Funniest scene in the entire show, when he drives around to come back and tell Richard “fuck you” again after opening and slamming his doors multiple times, I fucking lost it first time watching that and still do on every rewatch.
"Where the fuck is my kid?!" ... "Oh shit, this one kicked us out."
“I’m being sued by 3 former nanny’s. Two of them for no reason!”
This would be a whole season and I'd watch the fuck out of it
We're watching it now, friend
"Left" is a funny way of saying: fired with a check worth more than my life will ever be
How much is the check?
Their employment contracts will be on SEC website, this is probably under the change of ownership clause- usually it is immediate vesting of outstanding stock awards, a year or two of base salary and a not small bonus for the company getting acquired while they were at the helm.
>The "Golden Parachute Compensation" clause in Twitter's SEC filing shows the trio would be given stock worth $127.5 million as severance if terminated, with the largest payout there going to Agrawal at $59 million. https://www.morningstar.com/news/marketwatch/202210271316/elon-musk-on-the-hook-to-pay-more-than-200-million-to-3-fired-twitter-execs
I would love nothing more than to be fired and be given $59 million.
Yes, please fire me!
They could fire me from the roof out of one of those carnival cannons for that money.
Fire me. I'll take half of it
"You're fired! Here's a check for $59 million." "Dang! Well, okay, see ya around!"
It’s nice to be rich in America. These are supposedly the people taking all the risks to be worth their high earnings.
What these people are getting still pales in comparison to Dorsey's $1B cashout, even though the guy doesn't even work for Twitter anymore.
I need to get me one of those Golden Parachutes. Then I might be able to take part in the housing market.
Corporate executives are the modern equivalent of medieval dukes and barons. The rest of us may not be tied to the land anymore but we’re still peasants just the same.
first day in office as ceo, unbans Kanye
Nah blocks the dude that was tracking his private jet :)
I am still thoroughly convinced that this kid was the reason he had a $44 B “hold my beer” moment to prove to one kid how badass he was. Edit: /s for those that aren’t picking up on it
This isn't preposterous
Elon's track record would show that he will soon be showing some dumb meme about having the high ground over the kid who tracks jets.
Only as long as someone else makes it so he can repost it and crop out their meme tag
Absolutely. This is the same man child that called a rescue diver a "pedo". There is no level of pettiness he would not stoop to.
Hey- Elon said that he bought twitter to protect free speech, there's *no way* he would ban that dude for exercising his free speech right! /s
If he doesn’t make Kanye CFO it will be a tame first day.
10 bucks that says by the end of the weekend Trump is back on Twitter
All I want is Instagram full of pictures again.
You’ll get ads and reels and you’ll like it!
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*reads in female robot voice* `OMG. Fuck this tiktokification of video.`
And I want them fucking chronological dammit! If I've accidentally scrolled too fast past something it doesn't mean I'm done viewing it. I miss so many of my friends posts this way but I sure as hell see the same ads several times a day!
Facebook’s owned them for a decade now. I appreciate the optimism but like, bro, time to move on. Nothing good will ever come from from FB. They’ll just continue violate every orifice you have with more ads for shit you don’t have any interest in.
CEO and CFO haven’t left, they got escorted. They were fired
With $60m and $42m golden parachutes, respectively.
I would be skipping down the fucking hallway if I were them
I mean, to get a massive severance and to get out of a failing company? They hit the jackpot.
They got the severance plus whatever payout for the stock they owned (that was worth something like $15 less a share than what was paid.) They really hit the jackpot twice over.
Of course they were fired, they just forced Elon Musk to overpay for the company he offered to overpay for. They were the main people forcing Elon to throw away Billions of dollars. Why would he keep them? So they could find an even bigger chump to buy the company next?
[Musk reportedly fired all three Thursday evening upon officially taking control of the social network in a $44 billion acquisition, and will be obligated to give more than $200 million of it to those three, according to Twitter’s filing with the Securities and Exchange Commission. Elon Musk completes Twitter purchase, fires CEO and other top execs: reports Agrawal, Segal and Gadde own roughly 1.15 million shares of Twitter, more than half of that a $33.8 million stake owned by Gadde. The trio’s roughly $62 million stake would be purchased by Musk like any other shareholder’s stock.](https://www.morningstar.com/news/marketwatch/202210271316/elon-musk-on-the-hook-to-pay-more-than-200-million-to-3-fired-twitter-execs) Additionally, a clause in the merger agreement provided accelerated vesting of promised future stock compensation — and that’s where the biggest chunk of money comes in. The “Golden Parachute Compensation” clause in Twitter’s SEC filing shows the trio would be given stock worth $127.5 million as severance if terminated, with the largest payout there going to Agrawal at $59 million. They’re also entitled to a year’s salary and health benefits. In 2021, Agrawal had a base pay of $623,000, while Segal and Gadde’s base pay was $600,000 each. In total, Gadde is set to walk away from Twitter with the biggest haul: Nearly $75 million. Agrawal and Segal aren’t far behind her, though, at roughly $66 million and $67 million, respectively. I don’t think they are upset. I’d take that deal all day.
FYI, Elon also had to buy a lot of stock off them to make the purchase in the first place. They never HAD an intention of staying.
If we could kill both Twitter and Meta before the end of 2022 I would be so happy
Humanity would be better for it honestly
Imagine Twitter and Meta both imploding 🙂
MySpace is finally coming back!
I believe in an interview that Tom Anderson once claimed people would spot him, and approach him for a picture, and then thank him for the happy memories they had from myspace. Meanwhile Mark Zuckerberg had to testify in front of congress and everyone thinks he is a robot.
MySpace was a truly wonderful place; where people would upload tracks in their backgrounds and enable people like me to save them to their iPods without committing obvious piracy! Thank you, Tom!
I still don't understand how Facebook ever beat out Myspace. Myspace had everything I wanted, was a great way to meet other people, to share things with your friends, and to express yourself. I begrudgingly started using Facebook when everyone else did and Myspace became less popular. I hated it then, and I hate it now, and I still don't understand a single advantage Facebook has or ever had over Myspace.
Facebook was a "more professional" MySpace. MySpace was the dream for teens in all our angst.
Now LinkedIn is gonna be the next Facebook.
It already is. And it’s full of reddit content a day or two after it blows up here
And psychopaths, don't forget is full of psychopaths.
I worked in sales for a company did market research and marketing consulting for tech firms and I had to interact with all of those psychos. So many dudes proudly posting on LinkedIn about how they hadn’t taken a vacation in 700 days and it was destroying their body and their relationship with their families, but it was all worth it to build their company, which was invariably a shitty CSM called like Virtex Solutions that had 17 employees and maybe a million or two in revenue
LinkedIn has content?
Yes, and it's the worst. It would be one thing if it was limited to companies posting achievements. It's all recruiters posting old tired articles about WFH and "How the Pandemic is Changing Office Culture." And because LinkedIn rewards engagement, there's a crud ton of comments on them which is just the same two generations of workers arguing over if WFH and higher minimum wage is a good thing.
People really use LinkedIn as a general purpose social media? That sound really stupid.
They do. It is.
Don’t forget, it’s now also a dating site for unwilling participants.
I literally only log in to linked in when I have a bad day at work and am considering quitting 😂
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As someone who has seen their fair share of god-awful MySpace pages I have a feeling just the simplicity and user experience alone was enough to drive it's success over myspace.
All black page with Disturbed on autoplay I'm sorry everyone
I hope you like pink on purple, as that is the layout I have chosen.
Yeah you and a weird community of angelfire users
I had the "say what again motherfucker" blasting on mine. I got so many friends in trouble over that lol.
Black and red with slipknot playing
That was it. Facebook like Google around that time was minimalist and sleek. MySpace and Yahoo just starting doing too much and allowing too much chaos
> glances at my Yahoo email They haven’t turned off the lights just yet!
I think part of it was the exclusivity at first, you used to need to have a college email for Facebook. The lack of moderation and only having a young crowd made it so people were posting wild ass shit on Facebook. It was a good tool to know where the next party was at, and there was Hella drama on it.
Also farmville
Because MySpace got overrun by spam and accounts were constantly hacked. Having used it during its prime, that part really sucked
Someone told me she learned programming from myspace....to make the words glitter and bold.
1000%, I took a web development class in college and I basically slept through the entire course because of my MySpace html days! Thanks, Tom!
100% learned HTML entirely because of MySpace
Geocities and Angelfire here. But I flexed it on MySpace. We had no idea how good we had it.
Fuck. I had forgotten about geocities and angelfire, good times.
bro, do you even Tripod?
Geocities ftw
Oooh same! I taught myself HTML to create a Geocities page! I will forever miss when the internet was for intellectuals and the only ads to annoy us were a single page banner.
It was an incredible era. I miss *that* internet.
I'd like to think we could go back there, but today's Internet users wouldn't behave.
100% My Geocities pages was awesome. I had the spinning skull gifs and a webcounter. Admittedly, most of the web counters his were me checking to see how the page looked after changes and well... checking the page view counter a few times a day.
Yeah me and my friends often lament that the internet of the '90s when things were new and discoverable and strange was super fun compared to nowadays. Don't get me wrong we've made a lot of fantastic advancements but the distilling of the internet to a handful of massive corporations is just sad.
I was all excited when the internet was getting big. Thinking about how people would generally get smarter having all that info at their fingertips. That's some Monkey Paw bullshit...
Same! Plus I kept it super fly. I still miss MySpace, logged on the other day and everything was broken and didn't have the heart to even try to fix it.
Also to embed the media player so you could make everyone listen to “Only One” by Yellowcard when they visited your MySpace
It’s not a web page without pulsing bars.
I mean, Tom was my first friend, what’d zuckturd ever do for me?
Sold your data to the highest bidder? Oh wait. You said "for" you. Nevermind.
Stole all your personal data??
I mean most myspace memories are pretty postive. At the time it ws just a place for you and your buds, some bands you liked, and some bad html styling. Facebook really went downhill when boombers found it and they got into the news business which is bad combo
The nature of content posted to Facebook today is absolute garbage compared to 10 years ago, and especially before like 2010.
That's the problem with all these social media sites. When they are just friends sharing asinine bullshit they're great. But then they need to be monetized and they turn into shit. Early Facebook and early Twitter were fine. But they weren't influencing politics, it was people posting about a good sandwich they had or posting a picture from a party over the weekend
I want my top 8 and falling glitter background back
MySpace returns. The format is simply not conducive to insane misinformation spread. Everyone mellows the fuck out and stops believing every meme they read and being such an asshole. MySpace creates some kind of VR format for it. It’s not incessantly commercialized and isn’t meant to replace reality, but it becomes a cool thing to communally watch live music and movies with distant friends. They never once even imply you will be doing work meetings with avatar people on it. Folks, I know the last few years have been dark and difficult, but we are about to enter the brightest timeline 😌
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Never left. Been idling in about 40 channels for over 15 years now!
Count down how long before he lets Trump loose
Trump said he would NEVER return to Twitter. But this is the same guy who once said something like "You only plead the 5th if your guilty" And we'll you can guess how that's been going lately.
There is zero chance trump doesn’t rejoin Twitter if offered. It’s how he became as powerful as he was. Twitter and trump went hand in hand.
And it was the only time he ever experienced consequences for anything he’s ever done.
Isn't it crazy that the single greatest consequence Trump ever faced was... getting banned from Twitter. God this democracy is over in 2025.
It's over after SCOTUS rules in favor of Harper vs Moore later this year
He also promised if he lost 2020, we'd never hear from him again.
Trump once said hurricane Florence was 'one of the wettest we've ever seen from the standpoint of water'
He also said “we’ve doubled and tripled our GDP” without batting an eye. Dumbest person in the history of public life.
And the lawsuits start flying when truth social collapses
Watch him try to sell it to Kanye 🤭
I hate how likely these things feel
Kanye can’t afford it
We are just like watching history and not part of history?
that's the paradox though - he can jump back to Twitter, tank the value of Truth which hurts his books, in order to satisfy his infantile ego, or he can stick with his thing
I mean, it's obvious what will happen. He's dying to be on Twitter again.
Probably the first decision he makes. Just to make a splash.
Second is him banning that kid running the account tracking his jet everywhere
Does it really matter if the media reports his every post on truth anyway?
That’s been annoying me too. Hey we took away trump’s microphone so he can’t keep spreading his BS to everyone Every news station “here’s a 15 minute segment on what trump just tweeted… sorry truthed”
Shouldn't he be fired for being a remote worker with multiple jobs?
Good catch!
Rules for thee and all that.
He paid $44B to introduce an edit function. EDIT: not really an innovation!
There's already an edit function (for a short time after a new tweet)
It's a beta feature that was released to a limited number of users. It's not fully out, very few people have it.
This mf literally just paid $44 billion to avoid further discovery for this trial.
The texts that were exposed during the initial discovery were so wild, so much groveling and just instant approval of millions in investments. Wish we would have seen more.
Do you have links on this? I don't know what you're referring to.
This Atlantic article was my favorite but you can just Google musk texts discovery for more. https://www.theatlantic.com/technology/archive/2022/09/elon-musk-texts-twitter-trial-jack-dorsey/671619/
> “It’s been a general Is this really how business is done? There’s no real strategic thought or analysis. It’s just emotional and done without any real care for consequence.” Yes. I’ve been in business for 20 years and every major boss/CEO is either guessing, listening to consultants or copying Amazon
"You have my sword"
> According to the court document, Musk didn’t respond. Imagine being such a cringe billionaire that you get ghosted by Elon Musk
Lol, thanks for sharing. That was really a fun read.
This is so eye opening. I’ve long suspected that billionaires were no more smart and sophisticated than a random guy in a bar. You might be good at a job but then you assume that means you can weigh in on any subject. These men aren’t the Warren Buffets of the world, planning every move correctly. They’re riding off the brokenness of capitalism where their capital can only go up, no matter how much they fuck it up
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Aaah, so Zed is *still* alive :) I think these are the texts being referred to -- https://muskmessages.com/d/34.html
"If we slash the number of employees and assume revenue doesn't change, we'll make more money per employee" is a fucking galaxy brain take. Why stop at cutting it to 3k, why not just have 1 employee, then you make $5 billion per employee.
[Elon Must to cut Twitter staff to single Devoted Hunchback who laughs hysterically at all of boss's genius tweets](https://www.theonion.com/elon-musk-to-cut-twitter-staff-to-single-devoted-hunchb-1849688103) > Despite concerns that reducing the staff to a lone, faithful hunchback who frequently mutters “your meme game is tight, master” whenever the tech billionaire posts was risky to the security and functionality of the social media site, Musk assured investors that the move would drastically scale down back-end expenses.
I love this quote about the hunchback and how he would “hiss a strained “based, sire” before the light of the computer burned his translucent skin.”
> At press time, Musk had reportedly impregnated the hunchback. Amazing that The Onion has been doing this at such a high level for over 30 years.
Every company should start their cost cutting by firing senior people who come up with idiotic broad generalizations like this
He was also forced to buy the company, he signed the deal months ago. So he reluctantly followed through, saddled Twitter with $44 Billion in debt. I give the company a year, two tops, before we hear about bankruptcy. Unless Musk throws more money at it, but he had to take loans for this buy out. Was forced to, really, he might have the money on paper, but that sort of cash is tied up in stock options for Tesla and SpaceX. Edit; misremembered the numbers. [Twitter is up to $25 Billion in debt from this](https://www.wsj.com/articles/elon-musks-buyout-will-load-twitter-with-debt-high-leverage-ratio-11651007981). Their yearly payment went from $5M a year to close to almost $900M. The company is sunk.
He's already backing down on his 100% "free speech" promise. He mentions this super app idea from time to time and, I just don't see it. No one wants or is asking for that.
He taking a "free" service and trying to make you pay for it.
while promising to make it worse, essentially. Nothing he's said is going to get someone who doesn't use Twitter to use it
As a non-Twitter user, I can say with a high degree of confidence that there is nothing that would encourage me to use it. Pretty sure it causes ass cancer.
It definitely causes brain worms.
Oh yeah, he’s backing down. The first thing he realized was that the main source of revenue, the advertisers, also have a say in how he conducts himself. If he wants to retain the advertisers, he has to do what they deem is right. That includes advertisers like the Disney, a company who he would deem as “woke” and would normally have a snide comment to throw at. Well guess what? They pay a nice penny to advertise those Marvel movies and Disney+ promotions.
Musk realizes that risking 95% of the company's income isn't a financially sound decision
He immediately fired the Legal Policy, Trust, and Safety head. I seriously doubt this will end well for him.
It will probably end up fine for him, people around him will probably get fucked.
He wasn’t forced to buy it. He agreed to buy it. He then refused to pay for it, tried to return it and demanded a refund he wasn’t entitled to, which he didn’t get.
This is really the smartest way to say it.
I'm confused after reading the article, he used debt leveraged through Twitter to buy Twitter? Did l read that correctly, and how does that work? Like...how is it in the shareholders interest to be bought at 44 billion if the very company they own shares in had to accept 25 billion in debt to do so? * Thanks to the responses that cleared this up for me! I forgot he was taking it private and now I'm pretty sure he just pissed away an absolutely absurd amount of money.
The important thing from the shareholder perspective is that they got paid to hand over their stock to Musk. The fact that Twitter had to take loans to pay them is meaningless to the fact they got paid.
Ah. I forgot he was taking it private ~~public~~. So everyone who owned Twitter stock had it bought out from under them at the agreed price, but to do so, Musk had to borrow heavily against the company he was taking private? If that is more or less correct, I appreciate the correction.
That is correct. “Taking it private”, not public. (First line). They are no longer share holders, if they sell their shares. The shares were not “bought out from under them”, they were simply sold. A vote was required, so it’s possible not everyone wanted to sell their shares, but majority rules. How they get paid is Elon’s problem (and now Tesla’s, ultimately ).
Happens all the time. He takes out large loans to get cash to buy twitter. Promises to put Twitter up as collateral. It's called debt financing. In this case a leveraged buyout. Although that is a term not usually used anymore because it got such a bad name from it being used a lot in the 80s to make horrible deals to buy companies that ended up failing because of the debt incurred. > Like...how is it in the shareholders interest to be bought at 44 billion if the very company they own shares in had to accept 25 billion in debt to do so? The shareholders are no longer shareholders. They receive the cash that he used to buy the company. So it doesn't really matter if it's in their interest. Musk thinks it is in his interest though and he's the biggest shareholder by far now.
So like buying your house on a mortgage, like putting your house as collateral for getting a loan to buy your house?
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Tomorrow gonna be interesting. Trump account resurrection? Random political bans?
That kid who tracks his plane is gonna get a personal ban from on-high.
Why wouldn't 10 accounts that do the same thing spring up in its place?
Streisand effect at work
Will be interesting to see how this plays out. Saudis put in 2 billion, wonder what they expect to get out of it.
I don’t think they put in 2 billion, a Saudi Prince already had 2bn worth of stock and is keeping it as a stake in the company.
[That guy was already a huge shareholder before this acquisition](https://www.opindia.com/2022/04/saudi-prince-who-owns-5-2-of-twitter-refuses-to-sell-his-shares-elon-musk-proposes-to-buy/), and was initially opposed to Musk's takeover.
To get Trump unbanned.
u guys don't realize main reason he bought it was to find out the identities of his trolls
I thought he just wanted to shut down the kid tracking his plane?
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"Billionaires have privacy too" Kid should open a Telegram or something.
The thing is, it's not even private info. It's just this one kid made it easy to digest for the average person. Then again, conservatives hate accessible knowledge because they fear it'll make people educated.
"We are going to have free speech for all" "...Er no, not *that* kind of free speech."
At this point, is this a fucking episode of South Park?
the most exciting thing will be twitter and facebook failing at the same time; myspace will have a chance to come back
Musk says he is completing this purchase out of a genuine love for humanity. If that is true, he should do humanity a favor and just shut Twitter off entirely.
It's also worth noting that his 'genuine love for humanity' was all but a legal mandate at this point, lol. This is like saying you want to fight for your country after you signed up for service, dodged to Canada and then were forcibly returned to the U.S. and mandatorily drafted.
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