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by swalsh
1317 days ago
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Elon receives a disproportionate amount of hate. Nobody is perfect, but people seem to dwell on his mistakes, and ignore his.... gigantic successes. I'm not sure I would have given anyone with $8 a blue checkmark. But i've also never ran a company that put a rocket in space with astronauts on it. Elon is human, and Twitter was a failing business (it was losing Millions of dollars a day, that's failing). Drastic transformation is necessary. |
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Also, twitter was cash flow positive. It would feel like a money-making business to you if you owned it. It was only the stock-based compensation that caused it to lose money. But of course, that is just diluting shareholders and not actually losing money on operations.