Tesla paid down much more debt than that before it was as profitable as it is now. $10 billion isn't going to sink Tesla. Or SpaceX. They are both materially valuable in a way companies like Twitter are not.
cykablyatbot
What about in winter, when the sun isn't as hot?
undefined> Technically true. But it’s estimated that between 1/3 and 1/2 are NSFW. That is, the subs they don’t want shown at their (mythical) IPO.
I'm pretty sure r/clipclop is considered respectable and mainstream now.
At least when they were paying for bots and shills there was a modicum of plausible deniability.
Weird. I thought having the top selling car in the world this year so far and founding the most advanced space program in the world made Elon look like a strategic genius. But he hasn't made the company he bought and turned private 6 months ago profitable? What a loser.
I'm guessing you've never had the opportunity to try? I've never run an organization that large and I would have fucked it up long before this. Although one could argue that so did Spez...
It stopped being an interesting site years ago, although there were some communities that were an exception. But generally those were the ones with intense moderation and/or small user bases.
Any sub that was regularly on the front page was moronic and close minded and the subs that were their political opposite were the same plus even more hateful and vile.
Ironically I think most of the Twitter outrage is just on Reddit. Most other people seem to be carrying on like usual, albeit with a few hiccups. Although I don't have a Twitter account so maybe my vantage point isn't the best.
You can still follow useful links to those. And make any new ones in threads on other sites of your choice. Leaving Reddit as a regular -ish user a few years ago didn't mean I would never ever visit old.reddit.com again. It was just far less frequent and I signed in only once in a blue moon, when it seemed necessary or prudent to get info or interact that was unavailable elsewhere.
I agree and don't think everything boils down to individual responsibility. That said, unless you want some elites deciding what's best for all of us plebs, we have to make certain choices. And the people using services aren't going to vote in the people who will tell them they can't use them any more than people with low mpg cars and trucks are going to vote for people who will pass a carbon tax.
New communications tech is always disruptive. People rail against social media, for good reason. But the internet is far less disruptive, at least in the negative sense, than the printing press was. At least so far. Knock on wood. Not that Russia isn't trying.
I worked as a server and in coffee shops and yes, they most certainly are. Not all, but plenty. People generally fly to other countries much, much more than they used to. It's not just the wealthy any more, at all.
undefined> I can’t think of any other plausible explanation.
Housing is scarce and much more expensive for starters. Middle class people like using housing as an investment and vote to keep housing scarce because of that. It's not just the .1% that are voting for those policies.
China has a whole lot more income inequality too but much less poverty and a much larger middle class than before. The world as a whole does. Those two dynamics are not that related. Income inequality can grow whether the middle class is growing or not and can grow or decline whether there are more people in poverty or less.
Sure. Just like he was with Tesla, which was never going to succeed, or if it did, be a niche market. Or like his even crazier idea to start a private orbital launch company.
Like one prominent investor said about Elon in general, I wouldn't invest in Twitter but I wouldn't bet against Elon either.