this post was submitted on 10 Jan 2024
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Elon Musk's X claims it's now a 'video-first platform' as it tries to reverse an advertiser exodus that has cost it billions in value (fortune.com)
submitted 10 months ago by stopthatgirl7@kbin.social to c/technology@lemmy.world
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[–] CleoTheWizard@lemmy.world 5 points 10 months ago

Be twitter. Make no profit. Fund side project with zero expectation of ROI. Side project becomes wildly popular. Lose money on it for years. Shut it down for being unprofitable. Wait awhile. New app is a copy of yours and is 100x more popular now. That app makes a lot of money via simple ads. Feel incompetent. Still get bought for $45 billion despite being a useless company. Watch your hard work be driven into the ground by a moron. Your former founder sells out to NFTs. Be X. Beg your users for money. Destroy the platform. Give a home to extremism. Still have users too dumb to realize your grift. Lose a lot of money as usual. Stop existing in a few years. Be no more.