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Should I step down as head of twitter This poll is closed. |
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420 | 4.43% |
| No |
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69 | 0.73% |
| Goku |
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9001 | 94.85% |
| Total: | 9490 votes | ||
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This sad as loving poo poo pity party over the last couple days man. Just running around finding any post that will support him and making GBS threads out single word replies. Jesus actual Christ man.....and the one guy just wants this sad sack bigoted loser temporarily suspended from the Tesla board and not just replaced entirely.
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Nov 22, 2023 13:17
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In 2-3 years there's gonna be a Curb Your Enthusiasm episode where Larry has to borrow someones car and its a Cybertruck and he gets in trouble with his synagogue after he's seen driving it.
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Nov 22, 2023 13:20
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Fellas, is it goy to drive a Cybertruck?
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Nov 22, 2023 13:29
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gschmidl posted:Fellas, is it goy to drive a Cybertruck? It's only gay if the panels touch
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Nov 22, 2023 13:36
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Phew! I’m safe then
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Nov 22, 2023 13:38
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DRINK ME posted:I’m a big dumb dumb and don’t understand this type of thing at all - I understand it’s real and I’ve seen in mentioned numerous times here and in articles but I don’t understand how this part of the purchase works Let’s say you want to buy a company for $100m with no debt on the books for the sake of round numbers. Banks are relatively confident in your business model, and are comfortable lending to this company at a 10% annual rate up to 75% LTV (again arbitrary numbers). You would take this proposed purchase to a few banks, and get one or several onboard to fund three quarters of the deal with debt. You will need to come up with the other 25m out of pocket or with a pool of equity investors, or another tranche of subordinate debt that would come with a higher rate. Either way, you now have $100m cash committed and can make that offer for the company. Assuming it gets taken as-is, the next step is to restructure the company so the equity arrangement matches what you agreed to with your partners, and also take on that debt promised to the lenders for the acquisition. In this scenario, you would be paying $7.5m a year to stay on top of the debt (not to mention any other lender covenants) or the lenders can potentially take ownership of the company.
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Nov 22, 2023 13:41
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another way to look at it is if you were to buy a rental property the bank might evaluate your income to see how much they are willing to lend you. but in buying a rental property, the bank will include the rent you are paid for that property as part of your income - even though you don’t own the property yet elon has put himself in a situation where he has borrowed money against future income from twitter but has hosed up twitter enough so that assumed income is no longer coming in - a bit like buying the rental property but never getting a tenant and therefore not getting any income from it in all cases, guillotines
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Nov 22, 2023 13:49
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Man the right wing blithering about Media Matters on twitter is developing into full blown over the top conspiracy poo poo now. Please please bring these arguments into the actual lawsuit case. I want to see Elon's lawyers stand up there before a judge and jury and instead of just claiming slander or misrepresentation just turn it into stupid MAGA stump speech stuff about how Elon is a lover of humanity and Media Matters is pure evil government funded...or was it George Soros funded "censorship" propaganda. Like just go full conspiracy brain and completely botch the whole case from the get go.
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Nov 22, 2023 13:54
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Well, the difference is that most of the time when you’re buying a rental property outside of some corporate structure you’re still putting a personal guarantee on that debt. I don’t think that happened with the Twitter buyout debt, so when it finally dies and musk walks away from his broken toy the banks will end up with the ruined shell of a company and no way to go after him personally. And frankly, well deserved for backing this shitshow.
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Nov 22, 2023 13:54
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lol that 90% of twitter's revenue comes from ads or did anyways
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Nov 22, 2023 13:55
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Teratrain posted:It's only gay if the panels touch I didn't ask about gay!
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Nov 22, 2023 13:57
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git apologist posted:another way to look at it is if you were to buy a rental property All this, but it gets potentially dumber because guys like Elon aren't cash rich. All of these numbers are basically just made up nonsense tied to the ever nebulous values of their stock shares. If Elon has to make a payment, he needs actually money to do it. His go-to move is to sell off Tesla stocks, but of course him selling stocks in those values causes the entire market to react and that usually tanks Tesla's price. It's all very house of cards.
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Nov 22, 2023 14:00
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git apologist posted:(snip)- a bit like buying the rental property but filling it with nazi bigots, stripping out all the electrical cabling, plumbing and selling it for scrap then making GBS threads on the doorstep, when potential viewers come by. a closer to factual take
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Nov 22, 2023 14:09
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Herstory Begins Now posted:lol that 90% of twitter's revenue comes from ads Just wait until X Premium Blue Plus. $69 a month to make your feed only Elons tweets!
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Nov 22, 2023 14:16
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MasterSitsu posted:In 2-3 years there's gonna be a Curb Your Enthusiasm episode where Larry has to borrow someones car and its a Cybertruck and he gets in trouble with his synagogue after he's seen driving it. Tesla cars are very Jewish-friendly, you can even drive them on sabbath because none of their features work
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Nov 22, 2023 14:20
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Update: the truck still looks like utter garbage. https://twitter.com/slothropsmap/status/1727036511626076534?s=20
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Nov 22, 2023 14:23
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https://twitter.com/benjamingoggin/status/1726941877306597709 good wrap-up of the recent musk obsession
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Nov 22, 2023 14:29
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Sir Tonk posted:https://twitter.com/benjamingoggin/status/1726941877306597709 Can you link either screenshots or a thread? Those of us without accounts can’t read past the linked tweet
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Nov 22, 2023 14:34
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DRINK ME posted:I’m a big dumb dumb and don’t understand this type of thing at all - I understand it’s real and I’ve seen in mentioned numerous times here and in articles but I don’t understand how this part of the purchase works It's also what keeps happening to old companies taken over by VC and other big money interests that want to bleed them off for a while then let them die. They buy the company, assign all the debt from the purchase tk the company (this seems like it should be illegal, IMO) then cost cut the hell out of everything to pay the debt until the company usually either goes under, or is bought by yet another group doing the same thing. Sir Tonk fucked around with this message at 14:38 on Nov 22, 2023 |
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Nov 22, 2023 14:35
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IBroughttheFunk posted:Update: the truck still looks like utter garbage. A five year old with a bucket of Lego could build a cooler looking car with less panel gaps
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Nov 22, 2023 14:35
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git apologist posted:elon has put himself in a situation where he has borrowed money against future income from twitter but has hosed up twitter enough so that assumed income is no longer coming in - a bit like buying the rental property but never getting a tenant and therefore not getting any income from it Do we know the terms of the loans he got to buy twitter, I thought some parties got a percentage or twitter, and other banks just gave him a personal loan, which Twitter going bankrupt wouldn't actually affect?
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Nov 22, 2023 14:38
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IBroughttheFunk posted:Update: the truck still looks like utter garbage. Bu....but it still beats driving those wokity woke woke woke wa wokity woke woke censorship Ford F-150's wa woke woke woke I hate woke woke.  Also all lies and obvious psy-op AI-assisted manipulation of the image to make Elon look bad. In reality it's actually an attachment to make the Cybertruck even sturdier, but George Soros and the woke mind virus don't want you to know this so George Soros, The ADL and Media Matters used Woke AI to doctor the photo to make it look like tapeAND YOU PEOPLE ARE PART OF THE PROBLEM FOR BELIEVING IT AND LETTING THEM GET AWAY WITH IT!!!! I'M GONNA SUE YA!!!! I'M GONNA THERMONUCLEAR SUE ALL OF YAAAAAAAAAAAAAAAA!!!!!
Kale fucked around with this message at 14:44 on Nov 22, 2023 |
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Nov 22, 2023 14:39
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Autechresaint posted:Can you link either screenshots or a thread? Those of us without accounts can’t read past the linked tweet Guy got arrested for CSAM and had around 500 images
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Nov 22, 2023 14:40
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Sir Tonk posted:It's also what keeps happening to old companies taken over by VC and other big money interests that want to bleed them off for a while then let them die. They buy the company, assign all the debt from the purchase tk the company (this seems like it should be illegal, IMO) then cost cut the hell out of everything to pay the debt until the company usually either goes under, or is bought by yet another group doing the same thing. They don't really 'assign the debt to the company' though it should be illegal. They can't do it without a companies agreement so they add it as a contract stipulation. The ones agreeing to it are the ones being paid millions to gently caress off so they have no problem with it.
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Nov 22, 2023 14:42
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B-Rock452 posted:Guy got arrested for CSAM and had around 500 images
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Nov 22, 2023 14:45
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Autechresaint posted:Can you link either screenshots or a thread? Those of us without accounts can’t read past the linked tweet  
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Nov 22, 2023 14:50
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https://twitter.com/elonmusk/status/1727218454694949213 The things they're prohibiting people from saying are 100% true
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Nov 22, 2023 15:34
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Exactly
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Nov 22, 2023 15:42
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shyduck posted:https://twitter.com/elonmusk/status/1727218454694949213 It's vaguely interesting to me see a crossroads with the Media Matters stuff, with Musk attacking them from one side, now 2 state AG's getting involved, and as you see here the Rightwing Media BS machine has jumped on. Like a merging of Musk and MAGA madness starting to happen.
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Nov 22, 2023 15:45
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IBroughttheFunk posted:Update: the truck still looks like utter garbage. Exoshekelton, for Elon's new buddies Israel
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Nov 22, 2023 15:47
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This is all so old hat, Bill O'Reilly was throwing shitfits about Media Matters in like 2005
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Nov 22, 2023 15:47
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redshirt posted:It's vaguely interesting to me see a crossroads with the Media Matters stuff, with Musk attacking them from one side, now 2 state AG's getting involved, and as you see here the Rightwing Media BS machine has jumped on. Like a merging of Musk and MAGA madness starting to happen. starting? It's in full swing they are a twisted pair
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Nov 22, 2023 15:49
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"Won't somebody think of the poor banks who gave Elon money," said no one of consequence. Gonna have egg on my face when the failure of Twitter causes another crisis of confidence in the banks but until then I am going to lol at the pearl clutching over a company going into debt to buy itself. That's probably the least weird thing about mergers and acquisitions, a process entirely centered around arguing about who has the high score on the capitalist arcade machine.
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Nov 22, 2023 15:50
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shyduck posted:https://twitter.com/elonmusk/status/1727218454694949213 I wonder who these "other people" are
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Nov 22, 2023 15:50
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redshirt posted:It's vaguely interesting to me see a crossroads with the Media Matters stuff, with Musk attacking them from one side, now 2 state AG's getting involved, and as you see here the Rightwing Media BS machine has jumped on. Like a merging of Musk and MAGA madness starting to happen. i mean its because the Maga chuds are going all in on twitter because they are losing the culture war and they think if they get musk or "cool people" they can flip people to their side or foce their views to be the only ones.
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Nov 22, 2023 15:51
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pixaal posted:starting? It's in full swing they are a twisted pair Only Neil Breen can save us now. He has the hacking skills to expose the corruption.
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Nov 22, 2023 15:53
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shyduck posted:https://twitter.com/elonmusk/status/1727218454694949213 Wow, can't wait to start spending ad $$$ on X, the (((everything))) app
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Nov 22, 2023 15:53
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Dapper_Swindler posted:i mean its because the Maga chuds are going all in on twitter because they are losing the culture war and they think if they get musk or "cool people" they can flip people to their side or foce their views to be the only ones. The fact that they still think Elon is "cool" alone speaks to how out of touch they are.
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Nov 22, 2023 15:57
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redshirt posted:It's vaguely interesting to me see a crossroads with the Media Matters stuff, with Musk attacking them from one side, now 2 state AG's getting involved, and as you see here the Rightwing Media BS machine has jumped on. Like a merging of Musk and MAGA madness starting to happen. Musk is a Conservative Understanding Nazi Trump
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Nov 22, 2023 15:58
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John Wick of Dogs posted:This is all so old hat, Bill O'Reilly was throwing shitfits about Media Matters in like 2005 AIM is still around, they were the ones who did those billboard trucks displaying individual Yale students as antisemitic Hamas supporters earlier this month. mannerup fucked around with this message at 16:06 on Nov 22, 2023 |
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Nov 22, 2023 16:02
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