News for hackers. Stuff that matters.

A comment on X Chief Says She Is Leaving the Social Media Platform. Parent comment

Re:X Chief Says She Is Leaving the Social Media Platform by michaelmrose on Thursday July 10, 2025 @04:05AM (#44518523)
Virtually nobody said that it would go under in a year because that makes no sense. It's financially possible for it to tread water for years whilst losing money.

I don't see how this could be deemed a success when a magic 8 ball or a hamster attached to a giant pile of money could keep it going as long.

[ Parent | on HN ]
Re:X Chief Says She Is Leaving the Social Media Platform by bitlax on Thursday July 10, 2025 @08:18AM (#44520157)
Lol the overwhelming tech jerk opinion was that he was firing elite engineers and the site would be unmaintainable as a result, and that he had over-leveraged himself to the point of bankruptcy.
[ Parent | on HN ]
Re:X Chief Says She Is Leaving the Social Media Platform by michaelmrose on Friday July 11, 2025 @11:38AM (#44533393)
He can't go bankrupt in any sane length of time whilst having the dragon hoard he has. I think you are cherry picking a few folks and assigning them the roles of "the public".

He's probably at more risk of falling out a window Soviet style than poverty.

It probably is unmaintainable but it was already feature complete at time of purchase.

[ Parent | on HN ]