MrMan

I think insurgent is the word, I grew up with conservatives and they are not like this

if the teenager is woke, its good. and a non woke person would never be prosecuted by any sane government, so your logic game is flawed

innovating is a meaningless term in ad tech companies. optimizing I think is a better word.

if you look at musk and his friends talking about how to restructure twitter it looks less incompetent. if you remember that he is under a mountain of financial pressure you can also see that these moves are for survival, not to make twitter more awesome. a decimated shell of a company is preferable, for someone who just massively overpaid for a non-growth company, to a much larger organization with higher cost structure.

I dont understand why he wanted twitter and I think the incompetence is in the way he pursued the deal, but once one is saddled with such a problem the steps to get out from under it (or at least minimize the damage) are clear. forcing employees out is necessary.

The Kroenke's will back FSB just like they backed Arteta, FTX will be top of the table this time next year remind me one year

you are displaying a lot of foolish ignorance and compounding it with misplaced certitude but in good faith and a spirit of wide eyed curiosity I applaud your lack of understanding of finance. also you get a lot of credit for using the word "nuance" as if it somehow changes the definition of the word finance.

finance, trading, barter, humans will not allow collusion to continue unchecked. so finance being defined partly as the lack of check against collision is pure propaganda by Buterin and you are his mark. the only reason the collusion rife in the crypto space is so unchecked is because its a big casino constructed for you to play in by people like SBF, CZ, V. Buterin. The whales represent a huge cartel. The drama of the last few days is a parable of collusion, retail being tricked into gambling their life savings, retail being fed lies about how the word is and how the world is not, lies which are easy to disprove.

you are a classic retail mark, being fed and regurgitating marketing and propaganda to encourage you to play your part.

look up retail FX trading manias in Japan in the early to mid 00's as recent past as prologue.

decentralized is an antisocial child's fantasy

a wish against a world that doesnt make sense to them

a desire to turn away from human society

a hoarder's dream

creating 20,000 new currencies isnt really an economy, or rather its a purely entertainment based economy like Las Vegas or Macau. Those things I guess are valuable but is this the best use of our computing power and our Human Resources?

crypto *is* traditional finance. whenever humans transact with each other, we reify the behavioral mechanisms which define us as a species. we cannot help but create economies, to trade and transact. all finance is "traditional" finance until our biology changes and new emergent dynamics and equilibriums establish themselves. however thermodynamics, statistics and other math might also have a lot to say on the matter.

there is no such thing as traditional finance, just finance.

you should invest your spare cash (no matter what the currency) into actual investments. cash is dead money, and taking a buy and hold approach to foreign exchange trading is probably a bad idea compared to something like (just off the top of my head) the All Weather Portfolio.

spam is maybe bad, bots are not categorically bad. I like the idea of an automated feed like Google News which is algorithmically generated to show me news or new things, I dont call it a "bot" in a pejorative way just because its automated. Bots making comments on threads, on the other hand is annoying, but as they get more sophisticated we won't be able to weed this content out. You might say, as a facile take, just only allow verified accounts, but a real account can very reasonably post content that was generated in an automated way. We won't be able to tell the difference.

I would accumulate shares slowly, not be an asshole, and work to get a seat on the board and communicate with the other big institutional / activist holders who control the board seats. I would use my experience and reputation as a technologist and entrepreneur to do deep dives with the CEO, who was the former CTO, to get a feeling for what has been tried, what has been rejected, and what future strategies are being considered.

it is possible that twitter isnt really amenable to being a growth company, and this is borne out by the stagnant stock price and the lack of top line revenue growth. in that case I would definitely try to gradually reduce the workforce to support more of a lean mode of operation, and try to entice young, smart programmers and product managers into kind of an incubator to see if anything really new with a wider or different appeal (like TikTok) could be built and rolled out on the cheap. the new ideas that take off are not necessarily different in kind than the existing social apps, they just have something that makes them ergonomic and addictive, and you have to try a lot of things and maybe they will take off.

I think instead of trying to add new products into existing apps, it might sometimes be a better idea from a marketing POV to instead roll out or aquire a new idea as a distinct app. See insta vs Facebook. You cant make Facebook cool by just cramming instagram inside of it.

This measured approach would allow him to pay maybe half what he did in terms of valuation, and gradually increase his stake from the 10% range to something controlling if and only if the internal governance situation was suited to it, and the business prospects could be ascertained.

crypto "exchanges" are almost all structurally identical to brokerages

FTX was not actually willing to buy, they are suffering from reduced capital position so they were bluffing

in my town in the 19th and early 20th centuries there were numerous bak runs where local people were wiped out. we collectively decided to take steps to make that much much less likely to happen

TSLA is a car company does that count as a "tech" company? the only growth in the car market is from canabilizing other companies market share, which of course happens, but all electric cars are essentially the same like cell phones, and the differences are marketing differnces. TSLA may or may not expect "growth" multiples fighting for low double digit market share in a shrinking market.

freedom!

no I disagree this is comedy, the whole charade

yes this is sprawl, its evil and unsustainable

where I am there is a lot of overbuilding at the low mid and high level

it will be mildly interesting to see if twitter can be re-ipoed at a growth multiple near above the purchase price. I guess anything is possible

but debt taken out to fund buybacks is also a form of dilution

buybacks reward selling, not holding, I dont like that. dividends reward ownership

WPP and inter public clients probably 25 or 30 %

that sucks.

I dream of a world where people like you are not comfortably making such casual judgements about people like them but there is no justice in this world

there won't be any black students, they will get weeded out in elementary school

if women are a minority doesnt that make a mockery of the term?

this happened to me 10 years ago and there is basically no way back

the use of propaganda, which is effective, trivially invalidates your statement asserting that speech can do no harm.