Current Events > Twitter's Worth Went From $44 Billion to $8 Billion Under Musk's Leadership

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Zeeak4444 10/10/23 1:40:20 PM #101:	Yawn_Master2 posted... What is with people on this board. They are so adamant about their ignorance lol. uhhh, youre under the assumption twitter is operating to maximize profits so I dont think you should be talking about anyone else lol --- Typical gameFAQers are "Complainers that always complain about those who complain about real legitimate complaints."-Joker_X <cite>Zeeak4444 posted [p:976580949] in Twitter's ... [t:80587700]...</cite> <quote>Yawn_Master2 posted... </cite><quote>What is with people on this board. They are so adamant about their ignorance lol.</quote>uhhh, youre under the assumption twitter is operating to maximize profits so I dont think you should be talking about anyone else lol </quote> ... Copied to Clipboard!
aarrgus 10/10/23 1:44:27 PM #102:	Yawn_Master2 posted... When you look at the max value of Twitter it was $44 billion. The shares sold at $44 billion. Market price is dictated by what the shares sell for. Not really... Muskrat set the price at 54.20 per share on purchase... to make a weed joke. Their shares were lower than that at the time, so the market was saying it was worth less than what he was going to pay for it. --- Last night I was lying in bed, staring at the stars, and I wondered... Where the *** is my roof?* <cite>aarrgus posted [p:976581028] in Twitter's ... [t:80587700]...</cite> <quote>Yawn_Master2 posted... </cite><quote>When you look at the max value of Twitter it was $44 billion. The shares sold at $44 billion. Market price is dictated by what the shares sell for.</quote>Not really...Muskrat set the price at 54.20 per share on purchase... to make a weed joke.Their shares were lower than that at the time, so the market was saying it was worth less than what he was going to pay for it. </quote> ... Copied to Clipboard!
Yawn_Master2 10/10/23 1:57:52 PM #103:	Zeeak4444 posted... uhhh, youre under the assumption twitter is operating to maximize profits so I dont think you should be talking about anyone else lol A straw man whataboutism --- "Trying to define yourself is like trying to bite your own teeth." <cite>Yawn_Master2 posted [p:976581242] in Twitter's ... [t:80587700]...</cite> <quote>Zeeak4444 posted... </cite><quote>uhhh, youre under the assumption twitter is operating to maximize profits so I dont think you should be talking about anyone else lol</quote>A straw man whataboutism </quote> ... Copied to Clipboard!
Yawn_Master2 10/10/23 2:00:42 PM #104:	aarrgus posted... Not really... Muskrat set the price at 54.20 per share on purchase... to make a weed joke. Their shares were lower than that at the time, so the market was saying it was worth less than what he was going to pay for it. but if he paid $44 billion for it then twitters value when it was purchased was $44. How do these people make it through high school? I got a masters of science in econometrics and I learned this stuff when I was 15. --- "Trying to define yourself is like trying to bite your own teeth." <cite>Yawn_Master2 posted [p:976581286] in Twitter's ... [t:80587700]...</cite> <quote>aarrgus posted... </cite><quote>Not really...Muskrat set the price at 54.20 per share on purchase... to make a weed joke.Their shares were lower than that at the time, so the market was saying it was worth less than what he was going to pay for it.</quote>but if he paid $44 billion for it then twitters value when it was purchased was $44. How do these people make it through high school?I got a masters of science in econometrics and I learned this stuff when I was 15. </quote> ... Copied to Clipboard!
Bandit_Keith 10/10/23 2:01:20 PM #105:	https://www.investopedia.com/twitter-worth-a-third-of-what-musk-paid-7506093 Here's an article from earlier this year that pretty much agrees with the around $8 Billion valuation. That's what the calculations of a Twitter investor pegs it at. Fidelity has a stake in it. --- http://i.imgur.com/nq0Fn6a.jpg <cite>Bandit_Keith posted [p:976581300] in Twitter's ... [t:80587700]...</cite> <quote>https://www.investopedia.com/twitter-worth-a-third-of-what-musk-paid-7506093Here's an article from earlier this year that pretty much agrees with the around $8 Billion valuation. That's what the calculations of a Twitter investor pegs it at. Fidelity has a stake in it. </quote> ... Copied to Clipboard!
Yawn_Master2 10/10/23 11:40:12 PM #106:	Oh boy --- "Trying to define yourself is like trying to bite your own teeth." <cite>Yawn_Master2 posted [p:976590832] in Twitter's ... [t:80587700]...</cite> <quote>Oh boy </quote> ... Copied to Clipboard!
#107	Post #107 was unavailable or deleted.
Tyranthraxus 10/10/23 11:47:40 PM #108:	[LFAQs-redacted-quote] Makes sense. We're still using blockbuster as a euphemism for being totally destroyed by your competition. --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://i.imgur.com/dQgC4kv.jpg <cite>Tyranthraxus posted [p:976590931] in Twitter's ... [t:80587700]...</cite> <quote><cite>[LFAQs-redacted-quote]</cite> Makes sense. We're still using blockbuster as a euphemism for being totally destroyed by your competition. </quote> ... Copied to Clipboard!
Bandit_Keith 10/13/23 3:53:19 PM #109:	[LFAQs-redacted-quote] lol --- http://i.imgur.com/nq0Fn6a.jpg <cite>Bandit_Keith posted [p:976639230] in Twitter's ... [t:80587700]...</cite> <quote><cite>[LFAQs-redacted-quote]</cite> lol </quote> ... Copied to Clipboard!
Amakusa 10/13/23 4:23:05 PM #110:	Yawn_Master2 posted... but if he paid $44 billion for it then twitters value when it was purchased was $44B. How do these people make it through high school? I got a masters of science in econometrics and I learned this stuff when I was 15. He paid $44 billion because he was legally compelled to. Even Musk knew that was overvaluing the price and why he tried to back out of it. Musk didn't buy it for $44 billion because that's what he really thought it was worth. Your appeal to authority does not make you more right, it just makes it sound more arrogant. --- I will rule the world, and find that truly good cup of coffee. <cite>Amakusa posted [p:976639773] in Twitter's ... [t:80587700]...</cite> <quote>Yawn_Master2 posted... </cite><quote>but if he paid $44 billion for it then twitters value when it was purchased was $44B. How do these people make it through high school?I got a masters of science in econometrics and I learned this stuff when I was 15.</quote>He paid $44 billion because he was legally compelled to. Even Musk knew that was overvaluing the price and why he tried to back out of it. Musk didn't buy it for $44 billion because that's what he really thought it was worth.Your appeal to authority does not make you more right, it just makes it sound more arrogant. </quote> ... Copied to Clipboard!
HylianFox 10/13/23 4:56:10 PM #111:	Please stop trying to reason with the "Twitter was worth $44 billion because that's what Musk paid" morons If someone tried to sell you a soiled diaper for a million bucks, it'd be okay because he wouldn't have asked that price if it wasn't worth that much, right? --- THIS SPACE INTENTIONALLY LEFT BLANK Do not write in this space. <cite>HylianFox posted [p:976640378] in Twitter's ... [t:80587700]...</cite> <quote>Please stop trying to reason with the "Twitter was worth $44 billion because that's what Musk paid" moronsIf someone tried to sell you a soiled diaper for a million bucks, it'd be okay because he wouldn't have asked that price if it wasn't worth that much, right? </quote> ... Copied to Clipboard!
Questionmarktarius 10/13/23 5:00:08 PM #112:	Tyranthraxus posted... https://gamefaqs.gamespot.com/a/user_image/0/1/4/AARLwzAAE5uW.jpg This stems from management being obsessed with "engagement". The goal is for facebook and twitter to be your news, so you linger around there more and veiw more ad-slots - not send you to some news site to view those ad-slots. <cite>Questionmarktarius posted [p:976640451] in Twitter's ... [t:80587700]...</cite> <quote>Tyranthraxus posted... </cite><quote>https://gamefaqs.gamespot.com/a/user_image/0/1/4/AARLwzAAE5uW.jpg </quote>This stems from management being obsessed with "engagement". The goal is for facebook and twitter to be your news, so you linger around there more and veiw more ad-slots - not send you to some news site to view those ad-slots.</quote> ... Copied to Clipboard!
legendarylemur 10/13/23 7:38:43 PM #113:	I think it's an overestimation, but it's not that crazy to think Twitter could produce that much value, cuz when you buy an IP of this magnitude, generally you're expecting to operate much longer than a year. So presumably you have some period of time to make up for the cost and start profiting off it long term, but Elon isn't operating like a long term project because he's benefited a lot from releasing things long before they're ready. Generally people who find great windfall and aren't actually capable of producing it with actual knowledge and skills tend to overweigh previous patterns and follow it to a fault, even though there are historical example of this failing over and over, like with Ford or Japan as a country. Twitter doesn't produce immediate money, but value in general isn't all about money. Like with Youtube, which Google supposedly operates at a loss if not for its various faulty automation, these are advertising platforms. If Elon was smart, he can use it as a pulley to uplift his other brands, but because he as a person is really bad PR, this did not happen. So inherently, with people leaving the platform and the ease and value of advertising dropping, so does its valuation --- "Iwata was awesome" - Mr. Nintendo https://i.imgur.com/krtFHol.jpg <cite>legendarylemur posted [p:976642923] in Twitter's ... [t:80587700]...</cite> <quote>I think it's an overestimation, but it's not that crazy to think Twitter could produce that much value, cuz when you buy an IP of this magnitude, generally you're expecting to operate much longer than a year. So presumably you have some period of time to make up for the cost and start profiting off it long term, but Elon isn't operating like a long term project because he's benefited a lot from releasing things long before they're ready. Generally people who find great windfall and aren't actually capable of producing it with actual knowledge and skills tend to overweigh previous patterns and follow it to a fault, even though there are historical example of this failing over and over, like with Ford or Japan as a country.Twitter doesn't produce immediate money, but value in general isn't all about money. Like with Youtube, which Google supposedly operates at a loss if not for its various faulty automation, these are advertising platforms. If Elon was smart, he can use it as a pulley to uplift his other brands, but because he as a person is really bad PR, this did not happen. So inherently, with people leaving the platform and the ease and value of advertising dropping, so does its valuation </quote> ... Copied to Clipboard!
Kradek 10/13/23 7:51:00 PM #114:	HylianFox posted... Musk is basically the new Trump People see "he's a rich guy who can get/do whatever he wants" and interpret it as "he's a genius and totally fit to be in charge of everything" More like Musk actually is what Trump cultists wrongly ascribe Trump to be. --- My metal band, Ivory King, has 2 songs out now - allmylinks.com/ivorykingtx (all of our links there so you can choose which one you'd prefer to use) <cite>Kradek posted [p:976643100] in Twitter's ... [t:80587700]...</cite> <quote>HylianFox posted... </cite><quote>Musk is basically the new TrumpPeople see "he's a rich guy who can get/do whatever he wants" and interpret it as "he's a genius and totally fit to be in charge of everything"</quote>More like Musk actually is what Trump cultists wrongly ascribe Trump to be. </quote> ... Copied to Clipboard!
Tom_Joad 10/13/23 7:56:37 PM #115:	HylianFox posted... Please stop trying to reason with the "Twitter was worth $44 billion because that's what Musk paid" morons If someone tried to sell you a soiled diaper for a million bucks, it'd be okay because he wouldn't have asked that price if it wasn't worth that much, right? No. But if someone BUYS a soiled diaper for a million bucks, then the buyer values the soiled diaper at a million bucks. --- "History shows again and again that nature points out the folly of man. Go go Godzilla!" Godzilla - Blue Oyster Cult <cite>Tom_Joad posted [p:976643196] in Twitter's ... [t:80587700]...</cite> <quote>HylianFox posted... </cite><quote>Please stop trying to reason with the "Twitter was worth $44 billion because that's what Musk paid" moronsIf someone tried to sell you a soiled diaper for a million bucks, it'd be okay because he wouldn't have asked that price if it wasn't worth that much, right?</quote>No.But if someone BUYS a soiled diaper for a million bucks, then the buyer values the soiled diaper at a million bucks. </quote> ... Copied to Clipboard!
Funkydog 10/13/23 7:56:52 PM #116:	Twitter's value now comes from the spread of right wing hate and fake news. --- Let's make biscuits! <cite>Funkydog posted [p:976643198] in Twitter's ... [t:80587700]...</cite> <quote>Twitter's value now comes from the spread of right wing hate and fake news. </quote> ... Copied to Clipboard!
LeoRavus 10/13/23 8:01:16 PM #117:	If you went back in time 100 years and described twitter, telling them someone paid $44 billion for it, their head would explode --- This is where cool people write stuff. <cite>LeoRavus posted [p:976643252] in Twitter's ... [t:80587700]...</cite> <quote>If you went back in time 100 years and described twitter, telling them someone paid $44 billion for it, their head would explode </quote> ... Copied to Clipboard!
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Current Events > Twitter's Worth Went From $44 Billion to $8 Billion Under Musk's Leadership (+) Yeah! (+)

Current Events > Twitter's Worth Went From $44 Billion to $8 Billion Under Musk's Leadership