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Comment by thegreatpeter | Hacker News Reader

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No. They’re not. Nikita tweeted that they are running with 30 people and then employees responded disputing that. The 30 number is full time people on the product team. The actual company is larger.

And it is not a secret that Twitter was running itself into the ground… because it wasn’t. Twitter was doing fine. Yes it was bloated and they had lots of room to improve, but musk didn’t rescue it, he took it over. Twitter would have been fine without musk.

Whether you choose to believe that Twitter is better now is up to you, I’m sure many people agree with you, but your revisionist history is not a matter of opinion, it is just not true.

I find it's always helpful to read any praise of X/Grok/Elon in a heavily sarcastic voice. That way it all makes sense.

It is also estimated that it has lost 80% of its valuation and has ~$9 billion of negative equity.

How can it have lost 80% of its valuation when Elon Musk bought it for $44 billion and then sold it to an entirely different entity at a valuation of $45 billion, and then that entity was bought by a completely different third entity for a valuation of $250 billion?

“entirely different entity” and “completely different third entity” are both doing a lot of heavy lifting

How can it have lost 80% of its valuation when Elon Musk bought it for $44 billion and then sold it to Elon Musk at a valuation of $45 billion, and then that entity was bought by Elon Musk for a valuation of $250 billion?

Wait a second here!

Poe's law at its best!

For those downvoting... I'm pretty sure this is satirical.

Elon Musk sold it to Elon Musk. The price must have been meaningful. Wait till he does it again!

Yea you can tell. I can't log in today to chat with my hitlerbot because "internal error".

Also, they destroyed one of the best brands of all time for an x knockoff

Many would disagree, the narrative that X is running smoothly and without issue is undone by any read over the many cotroversies its been embroiled in. It is insulated from its failures by Elon's money and little else.

Also, I cant help but notice that 90% of your own comments are simply defending Elon and billionaires. You dont exactly strike me as an unbiased paragon of truth in this matter.

Yeah successful transition to a nazi bar

>It was no secret Twitter was running themselves to the ground

Elon has run a number of businesses into the ground. Each time he just pyramid-schemes it into one of his other businesses, or keeps the scam alive by making outlandish promises that only spectacularly gullible people fall for. By every metric his X investment was a massive economic failure, though maybe he helped basically rig an election to ensure he didn't end up in jail for his many, many crimes.

>According to Nikita they’re running X with 30 ppl

Is this to be impressive?

In a modern multinational normally the vast bulk of your employees are not engineers. They're sales, compliance, safety, accessibility, legal, and so on. Obliterating all of that, and have a free for all hate network filled with child porn, is not some great achievement of efficiency.

You’re entirely right. He bought it so he had a platform and audience not to make money. And it worked.

Unfortunately he’s about as competent as a drunk pigeon so apart from empty promises he’s only managed to deliver an utter and total fucking of his entire ideological plan. Which makes me rather happy.

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