patrick.net

Eric Holder says

By what metric? Revenue has declined 19.2% year-over-year in Q1 2024 and number of active users is 15% less than before rebranding to X.

Revenue is down because Liberals and hacks like Media Matters pressured advertisers to boycott X. Elon famously told advertisers to "Fuck Off" for trying to pressure him to censor Conservative speech before the 2024 election. Thank GOD Elon has enough FU money to absorb the financial hit. I expect revenue will turn around a bit now the election is over.

By all accounts, X is running better with more features despite Elon firing over 80% of the staff.

socal2 says

Revenue is down because Liberals and hacks like Media Matters pressured advertisers to boycott X.

OK, plausible.

socal2 says

By all accounts, X is running better with more features despite Elon firing over 80% of the staff.

So why is # of users down then?

Eric Holder says

socal2 says

Revenue is down because Liberals and hacks like Media Matters pressured advertisers to boycott X.

OK, plausible.

socal2 says

By all accounts, X is running better with more features despite Elon firing over 80% of the staff.

So why is # of users down then?

I thought a lot of them were bots that he removed.

Eric Holder says

rocketjoe79 says

Remember how Elon fired 90% of Twitter employees - and now X is thriving more strongly than Twitter

By what metric? Revenue has declined 19.2% year-over-year in Q1 2024 and number of active users is 15% less than before rebranding to X.

Gross revenue.... Cut costs with salaries and it's not a loss on the net end of the numbers. 15% on the users is not a big deal either. Most were probably dead weight and protest quit X because they don't like Musk. Likely couldn't afford the stuff in ads.

Also I don't think Musk gives a flying fuck about money for himself. He has more than he even knows what to do with it. Put 1 million in your bank. Musk has 100,000 times more than that and that's a low estimate. He has a multiple of what most people make a year on his money. He can collect 1-2% interest to cover living expenses for his family. He can borrow tax free income on his stock holdings.

Whatever happens with twitter is a huge nothing burger.

Eric Holder says

By what metric? Revenue has declined 19.2% year-over-year in Q1 2024 and number of active users is 15% less than before rebranding to X.

Woke Ad Agency bans. It will recover. Active Users? Mass bot purges.