I 100% agree with you. I don't even know how seriously Musk can try to avoid bankruptcy.
The leaked company communications are damning. Here's your brand new owner, richest guy in the world, implying the company might not survive another year or two, for a company that's been public, mature, and stable for years. It's completely insane.
Like I alluded to my comment, Discord's revenue story is essentially a best-case scenario type of benchmark. It's very unlikely that Twitter or anyone else in the social media space can replicate Discord's paid user share. Discord has been designing their product around a specific niche and optimizing for non-advertising revenue since inception. Twitter is designed for advertisers. It was never intended to be a paid product. They'll be lucky if 1% of their users bite.
The leaked company communications are damning. Here's your brand new owner, richest guy in the world, implying the company might not survive another year or two, for a company that's been public, mature, and stable for years. It's completely insane.
Like I alluded to my comment, Discord's revenue story is essentially a best-case scenario type of benchmark. It's very unlikely that Twitter or anyone else in the social media space can replicate Discord's paid user share. Discord has been designing their product around a specific niche and optimizing for non-advertising revenue since inception. Twitter is designed for advertisers. It was never intended to be a paid product. They'll be lucky if 1% of their users bite.