Re:Twitter Deal Temporarily on Hold
by outworlder on Friday May 13, 2022 @04:49PM
(#31372403)
> or use the enormous amount of free press to launch a competitor with mandatory device attestation.
That's what I think he's actually trying to do, as part of his "master plan part III". Twitter is only valuable because of users - but they are not worth this incredible premium. He's seen how attempts at launching 'free speech' platforms have gone.
He can easily build a competitor for a fraction of the deal's price. He can easily outspend any company. But that doesn't guarantee users - eyeball time is a limited resource. However, if he torpedoes twitter, he can get a bunch of users from the wreckage.
And, you know, profit from some nice pump and dump in the meantime.
That's what I think he's actually trying to do, as part of his "master plan part III". Twitter is only valuable because of users - but they are not worth this incredible premium. He's seen how attempts at launching 'free speech' platforms have gone.
He can easily build a competitor for a fraction of the deal's price. He can easily outspend any company. But that doesn't guarantee users - eyeball time is a limited resource. However, if he torpedoes twitter, he can get a bunch of users from the wreckage.
And, you know, profit from some nice pump and dump in the meantime.