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EveningShadeRef t1_iuahvvi wrote

He didn't actually mean to buy it

84

qqqbull t1_iuaj6lp wrote

he clicked the wrong buttonšŸ„ŗ

56

jd46249 t1_iuaqm6w wrote

Yea I didnā€™t mean to buy that option

5

follow-spy t1_iuawlv0 wrote

Lol you reminded of the dude who got screwed with pin risk and he woke up next morning with 50K worth of gains accidentally on spy lol

But my favorite one was the dude who was super excited about futures but then I had to remind him his contract expired that day lol he fat fingered wrong date

2

Specialist_Avocado25 t1_iuajehd wrote

When Google first went public I was also confused as to why anyone would value a blank page with a single text box @ 100 million dollars (or whatever their IPO valuation was). That thought didn't age well.

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andrewta t1_iuaoepv wrote

I had a chance to buy about $4,000 in stock about 15 days after they went public.

Iā€™ll let you do the math.

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red8eye t1_iuav4l8 wrote

Like 140k over 20 years, I mean not great

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Most_Insane_F2P t1_iuavk8c wrote

$4000 times 32 = $128000 ? Only...
This is why I don't understand how Warren Buffet got so rich... you'll need a lot of money to create an insane amount of money?

7

Boilertribe4 t1_iuax1tg wrote

It's had splits. Google IPOd with a market cap of $23B. Today it's $1.25T.

That's a 55x

But, you definitely have to bet with conviction (and then get lucky) or already have money to make it rich overnight in the markets.

Edit: it's a 1.25T not 1.35T MC

1

follow-spy t1_iuajmi3 wrote

Google is a search engine with an algorithm and AI capabilities.

LaMDA, short for Language Model for Dialogue Applications, is Google's system for building chatbots based on its most advanced large language models, so called because it mimics speech by ingesting trillions of words from the internet.

Twitter is a microblogging platform

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mediummorning t1_iuao2bm wrote

Google is an advertising platform. Twitter is an advertising platform.

The features you list are to engage eyeballs to view the ads, and to collect massive amounts of user data to more efficiently deliver the ads. These increase the advertising rates they can charge.

13

follow-spy t1_iuastr4 wrote

ADS for google is what keeps the lights on.

Former engineer was let go because he released info to public and he said the new AI they have been developing is transient.

Its well known in tech community they are by far the most advanced in AI research

0

mediummorning t1_iuax3r8 wrote

You mean sentient AI?

Blake Lemoine's claims were dismissed by experts in the field.

Google has good AI research but there are plenty of others. For example, look how many companies have poached or been started by the big brains that kick started google AI. Andrew Ng (Google brain co-founder) or Ian Goodfellow for easy examples.

AI is a field you can buy your way into. Poach smart scientists and buy/rent computing power, then sell your AI product or service. Building a user base is much harder, which is the reason Elon bought Twitter instead of starting new website, to bring this back to original question.

3

sqweak t1_iuayv8u wrote

He was right the first time. The AI is homeless.

2

BurnMuFuggaBurn t1_iuaymue wrote

Fuckin Homeless robots, eh!? Mother fuckers are taking all the jobs AND the welfare checks!?

They tuk er jobĀ”!!!Ā”!!!!!@

2

Specialist_Avocado25 t1_iuarugc wrote

I think you're paying for the eyeballs. It has a very developed community. Sure, you could create an alternate site and build it up over time, but who knows if you would end up succeeding even if it were a superior product.

1

stiveooo t1_iuauhid wrote

the website is worth 0

whats worth is the users

1

DaGOOS3 t1_iuai147 wrote

It already has a user base, all the leg work is "done" just needs new lipstick for the pig

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Analyst_Simple t1_iuam3rf wrote

And assumes the user base will not shrinkā€¦

0

DaGOOS3 t1_iuam9qx wrote

Oh it will/already has. But the doge adoption and new things he has planned will bring in a new wave of consumers.

−3

Analyst_Simple t1_iuamhix wrote

You must be something special to believe a joke coin is somehow going to mainstream because an asshole bought a loudspeakerā€¦

5

DaGOOS3 t1_iuamjzh wrote

125% in a week says your wrong, 50% just today. Money talks bullshit walks.

−6

Analyst_Simple t1_iuamv9r wrote

It will be down by EOD.

2

DaGOOS3 t1_iuamy76 wrote

Make a ban bet then

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Analyst_Simple t1_iuan4wq wrote

No ban bets on crypto. In fact that is a ban here. You new?

2

DaGOOS3 t1_iuann5u wrote

You know you'd lose

0

burtburtburtcg t1_iuao4sv wrote

Cultists are all the same

3

DaGOOS3 t1_iuao8i5 wrote

Lol I am in no way invested in elon. Just stating facts. FOH

0

burtburtburtcg t1_iuaqwzi wrote

Doge gme amc and all other P&Ders are cultists and they are all the same. Has nothing to do with Elon. You all talk out your ass promising 10 million billion percent returns as you post from a basement somewhere in rural Kentucky cosplaying as financial analysts.

Hopefully that clears up the fact that my comment has nothing to do with Elon and everything to do with you.

1

DaGOOS3 t1_iuasdc4 wrote

So you live in podunk Kentucky huh? And yes elon has said how he will use doge, he doesnt promise massive returns. He has talked about the utility. do your own research mouth breather.

1

burtburtburtcg t1_iuatg1e wrote

See what I mean? All cultists are the same lmfao

1

DaGOOS3 t1_iuatiat wrote

Lol fuck you

0

vyvinhigh t1_iuauj61 wrote

You just said ā€œdogecoin will have utility because Elon said soā€ but before that said ā€œIā€™m in no way invested in elonā€

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DaGOOS3 t1_iuautdm wrote

I am not invested. But I would, and doge will be used on Twitter. What's not to understand?

0

AutomaticJuggernaut8 t1_iub4wh1 wrote

Yea, all the super mentally stable geniuses from gab will come for the free speech and definitely not chase away users that buy things other than tinfoil hats.

1

Zealousideal-Mud-706 t1_iuajc7t wrote

Itā€™s what billionaires do for fun

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DrPhil_BoomBeach t1_iuajx2d wrote

One time I bought an expensive bottle of Jack Daniel's and was like, "This ain't for drinkin', it's for show"....or something like that. Point of the story was I was out of drink and out of money. Bottles empty šŸ¤£

5

brad2008 t1_iuajrcf wrote

Controlling Twitter means you get to control a large portion of the political and social discourse across the country by allowing which voices and opinions are heard. That in turn allows you to shape the messaging to best serve your economic and political interests.

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follow-spy t1_iuak1hr wrote

Iā€™m thinking more on line if he gets in trouble one day ( his biggest fear), he could control the narrative and not lose his cult status

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ThegoatDMZ t1_iualca6 wrote

Lmao. Is he part of the Illuminati or some shit? šŸ¤”

2

LSSCI t1_iuan8zt wrote

Or not Control itā€¦

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brad2008 t1_iuap04o wrote

Ahh, that would be the altruistic interpretation. That's giving Elon a lot of credit, let's see what he does.

1

LSSCI t1_iuaui0f wrote

The whole time heā€™s talked about opening up the debate, not reducing itā€¦

Heā€™s been pretty clear.

0

DoctorPilotSpy t1_iuawh77 wrote

Are you always this gullible?

3

LSSCI t1_iuazrib wrote

Wow,

Because I take him for his word, Iā€™m gullibleā€¦

So far, heā€™s done what he said he was going to do, until he changes, Iā€™ll keep trustingā€¦

Am I supposed to hate him for some reason?

1

Brownie3245 t1_iuaz1nd wrote

>Whoever thought owning the libs would be cheap never tried to acquire a social media company!

1

SateliteDicPic t1_iuarbsj wrote

This isnā€™t true. Heā€™s already had to walk back certain things he said/planned and has begun pandering to advertisers. He still answers to advertisers and the US government. He has more control but we all answer to somebody.

GM suspended advertising until they have better clarity and we will see many others follow.

1

pl8ball t1_iuajhed wrote

Why would billionaires buy super yachts when they could just rent them for a week for a fraction of the price

7

votequimby420 t1_iuaozhb wrote

  1. He didnā€™t mean to and got his bluff called.
  2. Lots of narcissistic public figures (media, celeb, politics) are addicted to it, so he gets to control them to some extent.
  3. See number 1
5

YaBastaaa t1_iuak0f5 wrote

I guess he is not an original with innovation/ inventions šŸ¤·šŸ»ā€ā™‚ļø. But you have a good point.

4

ETH_Knight t1_iuakm8i wrote

It s not the website it s the userbase. Who the hell uses truth social? Trump. But twitter has millions of users. Even if you don't count the bots there s actual users.

4

follow-spy t1_iuakvgn wrote

Remember when digg went belly up overnight and everyone migrated to Reddit?

3

ETH_Knight t1_iuamg7j wrote

I never digged it. But I came from 4chan. At first reddit was like a more controlled 4chan. Since you needed an account it was easier to control the randomness that 4chan can show. But reddit can ban you for stupid reasons and in that sense 4chan is more true. You may see a lot of opinions about a specific topic and they may be manipulated by the mods allowing it or not allowing it at all. 4chan has a boring cesspool for years now. I think reddit compares more to 4chan than digg.

4

brotatowz t1_iuaxp03 wrote

yes, I Do.... why the fuck did they implement that shitty ass "News" only system? Did someone pay to kill that site?

Voat could have replaced reddit after Conde Nasty fucked it up. Someone needed to host better servers for voat. we all would have been on voat.

1

DXBflyer t1_iuaig68 wrote

Vanity

3

silentpopes t1_iuavvgm wrote

Nah, influence. Bezos owns WaPo, Slim owns the NYT, Zuck Fb etc. Itā€™s a way for billionaires to drive public sentiment, social discourse and politics to influence regulations. My 2cts

2

DoctorPilotSpy t1_iuawdz4 wrote

Zuck and fb isnā€™t like the others. Thatā€™s literally just his company

1

silentpopes t1_iudrmaq wrote

Didnā€™t you hear, Musk is one of the founders of Twitter.

1

Billyshakes1597 t1_iuamu0e wrote

r/elonmusk think you'll find better discussion here. You know, because the sale is over, the stock is done and there are no more plays to be made.

3

Big_Lil_ t1_iuajxfh wrote

He coulda bought my space

2

newreddit2022104 t1_iuapft6 wrote

Cause heā€™s an idiot. Always has been. A lucky idiot

2

Loose_Mail_786 t1_iuauro2 wrote

Exactly. And you can find some good free Wordpress templates as well.

2

follow-spy t1_iuavy73 wrote

before social media took off, blogging was the trend.

I actually loved blogs because people actually wrote essays and thoughtful ideas.

People responded and conversation got interesting

2

Loose_Mail_786 t1_iuay2ma wrote

Donā€™t start that with me. I had a personal blog for over 5 years and a BlackBerry related blog / business for over 12 years. I spent so many hours using google reader daily to get all my news and following my friends. Back in the days, the user selected what he wanted to see and read, now, itā€™s the opposite, the platform show you what they want you to see or read. I never found a simple tool like google reader again.

I closed my ig and fb a few weeks ago because there is no more interaction with friends and just got tired of it. I got back on Twitter last night.

1

VisualMod t1_iuahpfs wrote

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1

-ShaunSparks- t1_iuak8r0 wrote

He bought the Known Name, The Following, The Influence Of those Using this app and possibly evidence. One thing people haven't widely spoken about is by owning this app he now has access to everything behind the curtain and its possible some of it is not on the Up+N+Up... Honestly That information alone might have been worth the money. Whos knows, Either way he owns it now and the Memes being produced since this started are why I'm grateful he did šŸ¤£

1

kewlkangaroo t1_iuakss6 wrote

Do you see Truth Social popping off? Exactly.

1

LaPyramideBastille t1_iuakxrq wrote

He needs the platform to promote his conception of reality.

If you normalize racism it increases your chances of being successfully racist.

1

aRahman86 t1_iualkhp wrote

So you think he wonā€™t get at least 100 billion out of it? Wait and watch.

1

JERMYNC t1_iuan218 wrote

That's the exact number I was thinking hmm

1

NoIncrease299 t1_iuamdd4 wrote

This is some truly stellar insight.

1

Deep-Alps679 t1_iuapzru wrote

Because A LOT of people come to twitter for the news and itā€™s one of the biggest social media platforms

1

MyBrilliantReality t1_iuar957 wrote

I wouldnā€™t bet against Elon, and more importantly his team. Theyā€™ll figure it out. Probably something like the strip club model, free to look and pay to play.

1

RTNoftheMackell t1_iuata4x wrote

It was a dumb Impulsive decision he tried to back out of, before realising he was, in legal parlance, fucked. He s making the most of it to save face. But that place is a toxic, dying ecosystem and he has no good ideas for how to fix it.

1

notfrancisard t1_iuatq5h wrote

Isnā€™t he developing AI? Wouldnā€™t all of the data on twitter be extremely useful for that purpose?

1

fullpp t1_iuau6qz wrote

I bet he did it to get access to all the private messages. How much is that worth?

1

varano14 t1_iuav97q wrote

Massive source of user data, what all the tech companies and billionaires are really after

1

boostwtf t1_iuavarv wrote

I think he was asked to bail it out.

1

pandalocox t1_iuaweft wrote

Or he could've just buy parler...

1

specialfriend1376 t1_iuawfci wrote

This might be one of the dumbest takes ever. Say this exact statement to an engineer about Twitter and have fun with their reaction

1

follow-spy t1_iuawy3h wrote

I know itā€™s dumb but not dumb enough to spend 44B on a pit

This is the equivalent of buying a house in a shitty neighborhood and it doesnā€™t matter how many upgrades you do, the house will never gain that much value because of its location

1

specialfriend1376 t1_iuax2pq wrote

I mean people said the same shit about the first Tesla car or spacex. Maybe itā€™s dumb but so far musks track record is fucking insane

2

follow-spy t1_iuay6vt wrote

Tesla and Space x are awesome and they solve world problems.

Twitter is a social media platform trying to moderate incredibly complex human beings. We all grew up in different set of circumstances and have incredible set of different opinions and values. Good luck bringing a civilized discussion with emotional individuals hiding behind a computer screen.

1

specialfriend1376 t1_iuazeta wrote

I donā€™t think he wants to moderate that much. He wants to create a town hall. Will it work? Idk but if someone was going to fix it, itā€™s Elon. It also seems like him and Jack have the same idea and belief about it which is interesting and cool.

So yes it may end up a fiery piece of shit :)

2

follow-spy t1_iuazsj3 wrote

I read somewhere that Jack so burnt out by twitter that he turned into a hippie šŸ˜‚

2

specialfriend1376 t1_iub0770 wrote

Bruh I wouldnā€™t be surprise if jack sun baths his butthole. Dude is kinda wonky but also a genius

2

follow-spy t1_iub0p38 wrote

It says he is starting a new social media app on google - interesting times ahead

1

LagThenBag t1_iuawq4u wrote

Twitter is well established and makes lots of ad revenue. A $19 website on go daddy isnā€™t and doesnā€™t

1

s2pidgenius t1_iuaxct7 wrote

Twitter data could be very beneficial for his Machine learning projects.

1

GammaPlease t1_iuam6z0 wrote

Canā€™t wait to see rich people panic when the truth is no longer hidden

0

andrewta t1_iuao3sn wrote

What truth gets hidden in Twitter.

The only thing that was removed was stuff that was PROVEN to be false or blatant racist crap.

Even then there was a lot that wasnā€™t removed. Itā€™s part of the reason I left. Not enough was done to get it cleaned up

−1

ColteesBigOleTits t1_iuau6ts wrote

*proven to be false by tankies that consider anyone with an opposing viewpoint to be racist/fascist/ableist/etc

1

andrewta t1_iuauwsm wrote

Yeah only fact checked by CBS NBC ABC npr ap but yeah good luck on your argument there

1

[deleted] OP t1_iuaw5no wrote

[deleted]

1

andrewta t1_iub25fx wrote

You are right I was wrong

When multiple media organizations check it and independent fact checkers check itā€¦ we should just ignore them and go with some small out of the way media outletā€¦ because the others are just lying.

1

[deleted] OP t1_iubdndy wrote

[deleted]

1

andrewta t1_iubdw7w wrote

lol

No need to be snarky, yet that is EXACTLY what you did in your comment that I responded to.

Try finding a mirror.

1

ColteesBigOleTits t1_iubfp9q wrote

Maybe youā€™ll learn one day, tankie. I pity you, but life is what it is. Youā€™ll always be the weakest type of human, very sorry. I hope you get better, champ. Iā€™m so sorry.

1

andrewta t1_iubglp7 wrote

Sooā€¦

Letā€™s get this straight

You got snarky with me

I got snarky back

You claimed I was being snarky, while forgetting you started that end of itā€¦

And yet somehow Iā€™m the weak one for calling you out.

Yeah you really need to try getting a clue

Iā€™m done here.

1

RedditsFullofShit t1_iuai3ow wrote

I mean we all know why he bought it.

Heā€™s mad at Biden for not including Tesla in the White House invite to auto companies.

And the right is mad at Twitter because they banned trump.

So revenge equals buying Twitter and helping the right fuck the left.

−1

token-eater t1_iuaif1x wrote

Elon only fucked himself with the purchase

11

EXEXEN t1_iuam1ci wrote

He made a lot of people a lot of money. Only it was mostly his money and that of banks that deserved to get fucked for dealing with him. If you bought at $30/share when he tried to back out, and sold for $54/share a couple months later, you scored a big profit.

Now, he has already converted the site into another 4Chan, brought back the hate and insults, got the employees ready to bail at the first opportunity, and paid about $200 million in exit money. The conspiracy nuts, racists and haters are all back like roaches moving in on dirty dishes left in the sink. Companies that paid to advertise, like GM donā€™t want to be associated with that and are putting on the brakes.

After the moderation is gone, the ClownYe and Trumpie bunch fill in, itā€™s just going to be insults and vile. The $30 billion company he paid $54 billion for will be worth about 1 million, and the servers a ghost town of people that left. The remainders will be pedophiles, pornography peddling skanks, crypto cons, women seeking their true loves, and Qā€™ers. Wonderful end to a social platform that spun out of control.

5

Sergesince1990 t1_iuaiuir wrote

The beef started prior to that I mean there is a reason Biden didn't invite Tesla and it's because Elon played footsies with trump and the right and was very vocal with a lot of influence so it's a way to show others that if your gonna run your mouth openly about politics you will not like when shoes is in the other foot kinda a deal

0

RedditsFullofShit t1_iuajx86 wrote

It was also because Tesla doesnā€™t have a Union and Dems want to support unions

2

acidrainuk t1_iuaj9kc wrote

And that's why he's a billionaire and you're not.

−1

CreativeMinds47 t1_iuakdn1 wrote

Was probably just another stock manipulation.... I bet ā€œheā€ made 44b+ back within, only saying he won't buy it, and then revers it. He may just get it cheaper than 0,01.

−1