> Paul’s account will be restored shortly
And https://twitter.com/elonmusk/status/1604616863673208832
> Going forward, there will be a vote for major policy changes. My apologies. Won’t happen again.
I'm not sure a vote is the best option but it doesn't solve the problem either. There needs to be due process. You can't bring out a new policy and 5 mins later start banning accounts that have tweets older than the policy that also violate the policy.
Elon is big on move fast and break things but I think he is going to hard and will destroy Twitter if he continues at this pace.
Is there still any doubt about that?
The only way forward where I think Twitter may be salvaged is if Musk steps away from it right now but I don't think his ego would allow him to admit to such a failure. So down it is.
I think there is. Not so much because of Musk himself, but because network effects businesses are hard to kill. Exhibit A being Jack's years of vague, indifferent, part-time management.
I think he could continue to fuck it up for a while, find a reason to declare victory, and turn it over to a department-store mannequin to run while he goes back to his real job(s). It would slowly reconstitute itself and keep chugging along. As comparison, I note that Tumblr and Flickr are still going concerns.
That said, he's been far more diligent in breaking it than I ever expected, so he may well manage to destroy it.
That is true, but once it does go down it can go very fast, especially if there is a viable replacement. Digg, Slashdot, MySpace, AOL, Google+ etc. Network effects work to your advantage on the way up, but can work to your disadvantage on the way down.
Tumblr and Flickr are shadows of their former selves.
Isn't he CEO of 2 or 3 other companies? I know a lot of people think that CEOs don't actually do anything important; Musk is not hurting their argument.
Yes but they aren’t ‘extremely hardcore’ over there.
Does anyone think Elon can recover this situation? I think he'll have to re-float twitter and have an independent CEO, and sell another $15B of Telsa stock to pay back the debt and get some operating capital. With time and rational management, he might be able to then sell out, only losing ~$15B.
Not.