I’m old and Mr. Pfizer still reads as “viagra man” especially as the recent vaccines don’t have a large pfizer quotient? just reads as “hard man”
― ɥɯ ︵ (°□°) (mh), Wednesday, 18 October 2023 03:07 (seven months ago) link
Don't know if this is happening with anyone else but my entire feed is hosed on the android app. Looks fine on desktop browser.
― Muad'Doob (Moodles), Tuesday, 24 October 2023 13:48 (seven months ago) link
“hard man”
― an icon of a worried-looking, long-haired, bespectacled man (C. Grisso/McCain), Tuesday, 24 October 2023 14:11 (seven months ago) link
= Best Taylor Bop
when i click through to a tweet posted here i get the last tweet i clicked through from here instead of the one i clicked on, some sort of caching issue
― lag∞n, Tuesday, 24 October 2023 14:41 (seven months ago) link
looks like it is back to normal again
― Muad'Doob (Moodles), Tuesday, 24 October 2023 14:46 (seven months ago) link
man it's really getting bad, and i'm a total twitter degenerate
― Blues Guitar Solo Heatmap (Free Download) (upper mississippi sh@kedown), Tuesday, 24 October 2023 21:36 (seven months ago) link
went on there for ten minutes and was already tweeting eat shit bitch at some tech thought leader
― lag∞n, Tuesday, 24 October 2023 21:38 (seven months ago) link
Y’all still on Twitter huh? smh
― G. D’Arcy Cheesewright (silby), Wednesday, 25 October 2023 01:45 (seven months ago) link
im not on there actually
― lag∞n, Wednesday, 25 October 2023 01:56 (seven months ago) link
https://www.reuters.com/technology/exclusive-where-did-tweeters-go-twitter-is-losing-its-most-active-users-internal-2022-10-25/
Twitter is struggling to keep its most active users - who are vital to the business - engaged, underscoring a challenge faced by the Tesla (TSLA.O) chief executive as he approaches a deadline to close his $44 billion deal to buy the company.
These "heavy tweeters" account for less than 10% of monthly overall users but generate 90% of all tweets and half of global revenue. Heavy tweeters have been in "absolute decline" since the pandemic began, a Twitter researcher wrote in an internal document titled “Where did the Tweeters Go?”
The research also found a shift in interests over the past two years among Twitter's most active English-speaking users that could make the platform less attractive to advertisers.
Cryptocurrency and "not safe for work" (NSFW) content, which includes nudity and pornography, are the highest-growing topics of interest among English-speaking heavy users, the report found.
lol eesh
― lag∞n, Wednesday, 25 October 2023 12:30 (seven months ago) link
that article's a year old
― 龜, Wednesday, 25 October 2023 12:31 (seven months ago) link
god damn it
― lag∞n, Wednesday, 25 October 2023 12:33 (seven months ago) link
Not bad, Elon...not bad at all.
WSJ News Exclusive: The banks that financed Elon Musk’s $44 billion purchase of Twitter are still struggling a year later to contain the damage to their balance sheets https://t.co/lqqTHCa8Z2https://t.co/lqqTHCa8Z2— The Wall Street Journal (@WSJ) October 25, 2023
― xyzzzz__, Wednesday, 25 October 2023 14:13 (seven months ago) link
Elon Musk, welcome to The Resistance
― the new drip king (DJP), Wednesday, 25 October 2023 14:18 (seven months ago) link
I always assumed he just paid cash lol
― i'd meet u where u are, but that place really sucks (Hunt3r), Wednesday, 25 October 2023 14:34 (seven months ago) link
Twitter pre-Musk was rated junk, despite carrying significantly less debt than it does now. Given that X is no longer publicly traded, it doesn’t disclose its financials, though Musk has said the platform’s advertising revenues have plummeted since he bought it.
it's gonna be rated even worse junk
― 龜, Wednesday, 25 October 2023 14:34 (seven months ago) link
He successfully destroyed more loaned capital over a year than most companies could ever dream of
― ɥɯ ︵ (°□°) (mh), Wednesday, 25 October 2023 14:41 (seven months ago) link
those banks got worked lol
― lag∞n, Wednesday, 25 October 2023 15:09 (seven months ago) link
those banks totally did their due diligence
― Beyond Goo and Evol (President Keyes), Wednesday, 25 October 2023 15:10 (seven months ago) link
you can understand where they were coming from like i want to invest in the up until now extremely successful musk empire and i want to have a relationship with the man who built it, but this particular investment was obviously doomed from the start
― lag∞n, Wednesday, 25 October 2023 15:13 (seven months ago) link
hey, he's got an honest face
― no gap tree for old men (Noodle Vague), Wednesday, 25 October 2023 15:14 (seven months ago) link
maybe but isn't it well documented that Tesla's "success" is based entirely on hype, speculation, and other borderline illegal tricks to keep the stock price up?
― frogbs, Wednesday, 25 October 2023 15:18 (seven months ago) link
lol frogbs i was gonna say if banks stopped doing business with companies whose success is entirely that
well there probably would be less banks
― no gap tree for old men (Noodle Vague), Wednesday, 25 October 2023 15:20 (seven months ago) link
I mean it makes sense why they'd maybe invest in Tesla but idk seems pretty clear whatever Elon's "magic" was it wasn't based on actual smarts or business acumen and therefore it wasn't gonna work with Twitter, as predicted by pretty much everyone who wrote about the deal along with every ILX poster
― frogbs, Wednesday, 25 October 2023 15:25 (seven months ago) link
i reckon most of us on ilx have been around long enough to have lived thru the historical evidence that the wisdom of banks is not all that
― no gap tree for old men (Noodle Vague), Wednesday, 25 October 2023 15:26 (seven months ago) link
fyi the banks aren't aiming to invest in tesla/twitter for these kinds of transactions, they're just middlemen - they buy the securities from the company then flip them on to investors. here they couldn't flip the twitter junk because it had rapidly degraded between the time they agreed to finance the buyout and the time they had to sell the junk, because elon proved to be a master at topping the market
the calculus was probably that the banks have made millions in doing tesla financings, elon up to that point had a good track record with companies, they put their faith in him, they trusted him...
― 龜, Wednesday, 25 October 2023 15:33 (seven months ago) link
tbf that does sound like an investment, they just werent planning on holding very long, but... lol
― lag∞n, Wednesday, 25 October 2023 15:36 (seven months ago) link
i mean yeah, that's why they're called underwriters - they're underwriting the risk - but usually banks don't commit unless they think it's close to risk-free...
*narrator voice* it was not risk-free
― 龜, Wednesday, 25 October 2023 15:37 (seven months ago) link
thing about risk free is its generally also profit free
― lag∞n, Wednesday, 25 October 2023 15:40 (seven months ago) link
The Saudi investment probably isn't large enough to get him bonesawed, unfortunately.
― papal hotwife (milo z), Wednesday, 25 October 2023 15:46 (seven months ago) link
fun fact - the saudis own 60% of lucid
― 龜, Wednesday, 25 October 2023 15:47 (seven months ago) link
saudis dont care if their investments make money its a political influence project
― lag∞n, Wednesday, 25 October 2023 15:56 (seven months ago) link
yeah the saudi money is just insane. I kind of wonder if some of the weird stuff from SV VCs right now is due to the saudis directly investing and not going through their funds? I thought I read something about that but I might be mistaken
― ɥɯ ︵ (°□°) (mh), Wednesday, 25 October 2023 16:12 (seven months ago) link
vcs are like im going to give you one million dollars and i want three board seats and please cc me on all communications, then the saudis or softbank walk through the door with $100m and go call us if you need more
― lag∞n, Wednesday, 25 October 2023 16:15 (seven months ago) link
what weird stuff? xp
― 龜, Wednesday, 25 October 2023 16:18 (seven months ago) link
the top of andreessen's head is quite weird
― mark s, Wednesday, 25 October 2023 16:44 (seven months ago) link
dysfunctional allocation of capital in pursuit of higher profits is the distinguishing mark of a capitalist economy
― more difficult than I look (Aimless), Wednesday, 25 October 2023 17:23 (seven months ago) link
peter thiel becoming an fbi informantmarc andreesen one-upping his previous bullshit by posting a screen inspired nearly entirely on tweets he read coupled with the pronouncement they're going to invest in things that are more likely to become defense department contractors
― ɥɯ ︵ (°□°) (mh), Wednesday, 25 October 2023 17:38 (seven months ago) link
my theory is that thiel specifically was angry he wasn't getting the deals so he's trying to claim all his moneybag competitors are foreign agents
andreesen is just perpetually pissy, I guess
― ɥɯ ︵ (°□°) (mh), Wednesday, 25 October 2023 17:39 (seven months ago) link
oh gotcha
VCs are pissy because ZIRP is over and so are inflated tech valuations
lol
― 龜, Wednesday, 25 October 2023 17:44 (seven months ago) link
yeah, that seems to be the big thing making them insane
― ɥɯ ︵ (°□°) (mh), Wednesday, 25 October 2023 17:53 (seven months ago) link
I have a hunch these bank lenders will be OK.
― Josh in Chicago, Wednesday, 25 October 2023 17:54 (seven months ago) link
Hopefully their office windows don't open
― Beyond Goo and Evol (President Keyes), Wednesday, 25 October 2023 18:02 (seven months ago) link
No idea if this is real or not but it sounds insane
https://bsky.app/profile/mollyknight.bsky.social/post/3kclrwbyg5i2q
― reggae mike love (polyphonic), Wednesday, 25 October 2023 19:16 (seven months ago) link
idk if you follow someone they can attempt to call you doesnt seem too bad, you dont have to answer
― lag∞n, Wednesday, 25 October 2023 19:20 (seven months ago) link
Looks like it's real--on my phone but not on desktop
For those without Bluesky, you have to turn off audio/video messaging manually in Twitter settings if you don't want robocalls or whatever.
― Beyond Goo and Evol (President Keyes), Wednesday, 25 October 2023 19:25 (seven months ago) link
I just got a called from Matt Ygelias with an offer of 10 free laptops
― Beyond Goo and Evol (President Keyes), Wednesday, 25 October 2023 19:27 (seven months ago) link
Who takes calls
― BEWARE! SPOOKY! BOO! (Hunt3r), Wednesday, 25 October 2023 20:26 (seven months ago) link
I never updated the Twitter app because I wanted to see how long it took for it to become unusable due to obsolescence (it’s still working 3 months in btw) and I don’t see this option at all
― the new drip king (DJP), Wednesday, 25 October 2023 20:33 (seven months ago) link