> Give Musk a chance… guy knows how to build and grow companies

Not sure, is there a government bailout or subsidy for tech companies as he got with Tesla?

https://www.latimes.com/business/la-fi-hy-musk-subsidies-201...

Twitter is not in a "build and grow" phase. This is his first hostile takeover of a large company with a saturated market, is it not?

> It’s been a few short weeks. He had to cut stuff (as others like Meta are) to ease the cost drain.

I mean, the massive increase in cost is a result of Musk's debt purchasing Twitter.

Would you mind explaining this a bit further? I'm out of the loop here and don't know anything about Twitter's costs before or after Musk's purchase.

He had to take out a giant loan to afford the purchase (debt financing), which twitter needs to pay about $1B a year to service. Twitter wasn't getting anywhere near that in profit.

Ah, didn't realize this about the $1B/year. Thanks!

Twitter had like two profitable quarters in its existence and now on top of the usual operating costs they have to be profitable enough for 1 billion/year debt repayment.

If I'm being very generous, I'd give Twitter 6 more months.

He's ignoring an FTC consent degree and seems to be running on annoyance that journalists got free bluechecks from their jobs.

Fire people then ask some of them to come back?

I wanted to give the benefit of the doubt on this but it seems like he's acting erratically and reactively, not inspiring confidence

Grey check mark lasted less than a day? To me it seems like he's trying to do it all by himself in an area he has no expertise.

Considering his reputation (alone, not the feats of those adjacent) how true is this?