I thought he announced several weeks ago the move to a subscription-basis?

Nov 25, 2022
12:07:46pm

LeGrandBleu All-American

Bracing For A Recession, Twitter Cutting Costs And Moving To Subscription Based Model

One of Elon Musk’s first moves at Twitter company was the firing of four key executives, as well as the dismissal of the entire board of directors, with plans reportedly in the works to lay off thousands of employees.

https://www.forbes.com/sites/derekbaine/2022/11/02/bracing-for-a-recession-twitter-cutting-costs--moving-to-subscription-based-model/?sh=19ee158467e6

Report problem with this ad

LeGrandBleu

Previous username: NewMexiCoug
Bio page: LeGrandBleu
Joined: May 2, 2001
Last login: May 3, 2024
Total posts: 12,690 (0 FO)

Report problem with this ad

Messages

Author

Time

Twitter loses 50 of top 100 advertisers. Elon Musk is really great at running a

BlooCoog

11/25/22 11:51am

Elon rn

Samsonite

11/25/22 11:53am

This is MuskBoard, how dare you post that. Just wait, he has the Midas touch.

Mitty

11/25/22 11:53am

Has Twitter EVER turned a profit?

Blue Print

11/25/22 12:53pm

It's hilarious how detractors want to find fault with the business acumen of the self-made wealthiest man in the world.

Division Bell

11/25/22 1:51pm

"Self made"

Hotlanta

11/25/22 2:40pm

He wasn't a billionaire growing up. But he is now. You're not too far apart in age. What's your excuse?

Division Bell

11/25/22 2:59pm

What's my excuse? I wasn't gifted an emerald mine. Did you even read my post?

Hotlanta

11/25/22 4:01pm

That's nothing compared to what he's generated. What have you done with what you got from your parents?

Division Bell

11/25/22 4:04pm

If only Dad would have gifted me an emerald mine, I would have been Elon Musk.

TheSpiker

11/25/22 4:06pm

Fake news. Elon is self made. The left loves you until they realize you're moderate... then they are ruthless.

HarlemCoug

11/25/22 4:11pm

I spent a little time in South Africa working with large manufacturers of mining equipment. There

Division Bell

11/25/22 4:45pm

Calcite mine? That's pretty cool.

Shore10

11/25/22 5:50pm

My great grandfather worked at a diamond mine in South Africa. He was a soldier in the Boer war and stayed to work in

HarlemCoug

11/25/22 6:05pm

RE: Fake news. Elon is self made. The left loves you until they realize you're

OmahaOmaha

11/25/22 6:55pm

I disagree w/ lots of his views but the guy is a serial entrepreneur & self-made

BYU'01

11/25/22 4:27pm

I think Musk’s investment horizon is a little longer than his leftist critics

BYU'01

11/25/22 3:33pm

Sometimes being moral and principled and doing whats right has a cost.

Backcountry

11/25/22 11:54am

Yeah, that's Elon for you

RSL

11/25/22 11:54am

Talk about a non sequitur. This is a thread about Musk

downtownchrisbrown

11/25/22 12:31pm

Lol. He is the wealthiest man in the world. Objectively, he is very very good

Ozymandias

11/25/22 11:54am

I mean, data. You lose 50% of your top advertisers you are doing something very

BlooCoog

11/25/22 11:57am

You mean data like he is the wealthiest man in the world and made that money

Ozymandias

11/25/22 12:00pm

Or there is a clear attempt to sabotage him from liberal sources who are upset

P-Widdy

11/25/22 12:06pm

This is exactly what is happening.

PROBcoug

11/25/22 12:11pm

This isn’t political; it’s Musk mismanaging the business. If any non-majority

BlooCoog

11/25/22 12:12pm

Keep telling yourself that.

PROBcoug

11/25/22 12:15pm

The context is absolutely political. But from the business angle, if he lost 50% of the advertisers, the more

hamaca

11/25/22 12:15pm

Agreed. Not sure he will turn it around.

PROBcoug

11/25/22 12:18pm

Well, it's a private company. He got really lucky.

Shore10

11/25/22 12:17pm

100% political. The fact you can’t see it isn’t surprising. lol

kotacoug

11/25/22 12:20pm

Or maybe it's willful

novacoug1

11/25/22 12:22pm

I hope one day I am as passionate about something as you are about hating Musk

P-Widdy

11/25/22 12:30pm

Twitter is the highest ever users and usage. So why did they pull out?

Bobmarleyjr

11/25/22 12:36pm

and the use of hateful words and phrases are 33% lower than they were pre-purchase.

HarlemCoug

11/25/22 12:40pm

Hateful words and phrases don't count when they come from the left.

TheSpiker

11/25/22 12:43pm

yeah, then it's just "accuracy, equity, and protesting."

Cougarclaw

11/25/22 4:30pm

It doesn’t distinguish between people saying it and people claiming iit’s used.

Bobmarleyjr

11/25/22 12:45pm

Twitter clarified their claim. Using the list of banned hateful words/phrases old-twitter used, then instances of those

HarlemCoug

11/25/22 12:52pm

Where is this list?

Bobmarleyjr

11/25/22 12:53pm

they have not published it...but it's things like the n word etc...

HarlemCoug

11/25/22 12:55pm

Musk just said it’s the same list Twitter had been using, but didn’t share it

BYUfan92

11/25/22 1:38pm

To virtue signal. Many will be back as there are few alternatives.

Shore10

11/25/22 6:59pm

So having standards is mismanaging business, you probably shouldn’t be a BYU fan

Jizosh

11/25/22 1:03pm

I’m pretty sure that I would hate to be around you in real life.

Grock

11/25/22 1:04pm

Understatement of the year!

TheSpiker

11/25/22 1:06pm

If you can’t see a lot of it is political….yikes

BYUfan92

11/25/22 1:44pm

Oh really? Bloocoog on Elon before his Twitter acquisition:

Abe Froman

11/25/22 1:59pm

He shoots ... he scores.

TheSpiker

11/25/22 2:02pm

RE: Oh really? Bloocoog on Elon before his Twitter acquisition:

Backcountry

11/25/22 2:07pm

It really is amazing to watch people on the left totally flip on their thoughts about Musk. The White House held an

HarlemCoug

11/25/22 2:08pm

Typical hypocrisy at its best. Trump was loved by leftists until he was a Rep!

jpal1397

11/25/22 2:10pm

Haha. Can’t think for himself once the leftist OS update goes out.

mulletino

11/25/22 2:43pm

Cracks me up people keep linking to a 4-year-old post that happened before Musk

BlooCoog

11/25/22 4:22pm

Over last 4 years Tesla went from a $50B company to ~$600B. SpaceX’s valuation

BYU'01

11/25/22 4:43pm

And Musk did a bunch of morally questionable things in his business and personal

BlooCoog

11/25/22 5:33pm

Heres an honest question. So what?

Backcountry

11/25/22 5:36pm

He’s been divorced #x & fathered a kid out of wedlock. His LT shareholders have

BYU'01

11/25/22 6:35pm

RE: This isn’t political; it’s Musk mismanaging the business. If any

FT487

11/25/22 2:40pm

RE: This isn’t political; it’s Musk mismanaging the business. If any non-majority

sethj250

11/25/22 2:45pm

Are you being serious??

SEUTAHCoug

11/25/22 4:59pm

One key - don’t go telling all of your users and customers to vote Republican.

Cswilliam01

11/25/22 3:30pm

Or you’re breaking the paradigm.

Blue Print

11/25/22 1:21pm

Let me guess. You have a MBA and now you can fix any business.

OmahaOmaha

11/25/22 1:35pm

Liberals left like they promised to leave the country if Trump was President.

jpal1397

11/25/22 2:04pm

Either Elon's doing something wrong orrrrr.....Twitter was in fact purposely

BleedCougarBlue2

11/25/22 2:05pm

This. He is owning everyone right now.

Carnac

11/25/22 11:57am

While proclaiming that Musk is LITERALLY KILLING PEOPLE!!!

Backcountry

11/25/22 11:58am

In fairness, a month ago, Sam Bankman-Fried was #167 in world wealth rankings

krindorr

11/25/22 12:12pm

Musk’s success has been much longer sustained and it has been several businesses

Ozymandias

11/25/22 12:24pm

Correct, he's been successful with Zip2 (1995), Paypal (1999), SpaceX (2002), and Tesla (2004)

krindorr

11/25/22 12:57pm

Short term lost. They’ll be back. Twitter was broken and needed a fix.

Turnpike Lane

11/25/22 11:55am

Exactly this. They will be back or they will be replaced.

IrishBlue

11/25/22 12:19pm

Better yet, be replaced with advertisers that are aligned with the new Twitter.

JAGA97

11/25/22 12:24pm

I’m guessing there’s not much Elon could have done to keep those advertisers around, aside from that verification fiasco

Mike Honcho

11/25/22 11:55am

And yet he will probably turn a profit quicker based purely on expense reduction

SnickSnack

11/25/22 11:55am

This. I bet every Big Tech company is asking the same question

jrifkin48

11/25/22 9:51pm

Well he’s also cut expenses by 75%.

RdF3

11/25/22 11:55am

Shhhh that doesn’t help the narrative

maxpowers

11/25/22 1:17pm

If I cut expenses by 75% and my ad revenue drops by 50%,am I still losing money?

Cougarclaw

11/25/22 4:32pm

Does that 75% cut include the additional billion in debt service you took on to

joelvandyne

11/25/22 6:14pm

It’s really nice we have marketing and business genius, BlooCoug, to pronounce the worlds richest man is a terrible

JohnnyComeLately

11/25/22 11:55am

Johnny, as always you’ve come late. So glad to have you to hurl the personal

BlooCoog

11/25/22 11:58am

Just send it to your mom’s house and I will be sure to pick it up.

JohnnyComeLately

11/25/22 11:59am

Mom jokes…so mature.

BlooCoog

11/25/22 12:59pm

RE: Mom jokes…so mature.

JohnnyComeLately

11/25/22 1:14pm

Be good Johnny.

BlooCoog

11/25/22 1:24pm

Welcome to MuskBoard Mrs. Musk, nice to have you here.

Mitty

11/25/22 2:30pm

It's not "MuskBoard" to call out someone making a hypocritical uninformed

TheSpiker

11/25/22 2:34pm

What part of my comment do you disagree with? Should we not wait longer than 3 weeks before calling this a failure?

JohnnyComeLately

11/25/22 2:38pm

RE: Welcome to MuskBoard Mrs. Musk, nice to have you here.

Backcountry

11/25/22 2:39pm

You have ED-Elon Disease

pegushin

11/25/22 11:55am

That will be the next phrase banned from CB. Moderates no likey.

byubyu

11/25/22 12:12pm

Gross. I’ve heard it’s contagious. Get tested.

BlooCoog

11/25/22 1:26pm

Why did they leave? Because he allowed conservative voices back? Insane.

BYUCougarsFan

11/25/22 11:56am

I recently met with a marketing executive at a CPG firm

novacoug1

11/25/22 11:59am

So he lost companies that paid him about $650M per year... but he's cut expenses by over a billion per year and traffic

HarlemCoug

11/25/22 11:59am

Musk

Backcountry

11/25/22 12:01pm

Horrible businessman…lol

kotacoug

11/25/22 12:21pm

I came to post something like this. Advertisers will have short memories

Powerbait DPM

11/25/22 10:32pm

Seems like Elon has made things twice as effective for the advertisers who stuck

Ojiisan

11/25/22 12:06pm

I thought he announced several weeks ago the move to a subscription-basis?

LeGrandBleu

11/25/22 12:07pm

At least 49 of those 50 companies will be back when they realize it’s not “cool”

COACHdrn

11/25/22 12:13pm

Good riddance.

Shore10

11/25/22 12:13pm

If only Elon had a track record of running businesses so that we had more than 3

Abe Froman

11/25/22 12:13pm

<< Deleted >>

Buffalo

11/25/22 12:16pm

Go ahead and post your business credentials bloocoug, we’ll compare them to this guy who’s worth 1/4 trillion

JollyGreenGiant

11/25/22 12:17pm

<< Deleted >>

HarlemCoug

11/25/22 12:22pm

I’m sure they will be impressive

kotacoug

11/25/22 12:22pm

RE: Go ahead and post your business credentials bloocoug, we’ll compare

maxpowers

11/25/22 12:46pm

Yes because it was about Elon’s business decisions. It’s all ideology

Bobmarleyjr

11/25/22 12:20pm

Meanwhile, Twitter is getting more free publicity than ever before. Are these

Great38

11/25/22 12:22pm

WSJ reported they moved their dollars to TikTok. That bastion of Americanism.

P-Widdy

11/25/22 12:32pm

RE: WSJ reported they moved their dollars to TikTok. That bastion of

Ungoy

11/25/22 6:15pm

Wait. . . Why do we care if Twitter loses advertisers?

Zoobieman

11/25/22 12:32pm

RE: Twitter loses 50 of top 100 advertisers. Elon Musk is really great at

TheSpiker

11/25/22 12:38pm

They will all come back. Money trumps all

maxpowers

11/25/22 12:40pm

This is amazing …

EMAC

11/25/22 12:58pm

Glad you’re admitting his Twitter debacle is a foul ball. It’s actually more of

BlooCoog

11/25/22 1:03pm

Dunning-Krueger effect

EMAC

11/25/22 1:13pm

I like to think of it as the Freddy Krueger effect.

BlooCoog

11/25/22 6:26pm

Glad you’re admitting the undeniable fact that Musk’s track record is incredibly

Abe Froman

11/25/22 1:16pm

I’m willing to get a twitter account now. They are just trying their cancel

DevilCougarDragon

11/25/22 12:59pm

Even $44B for him isn’t chump change

runningryan

11/25/22 1:03pm

What exactly are they protesting?

I'mBatman

11/25/22 1:05pm

Smart choice. Advertisers who don't suck at liberty will be glad to get in on the rising tide.

Division Bell

11/25/22 1:26pm

Never understood Trump and Elon fan boys

GA_Coug

11/25/22 1:42pm

You really don't understand the rise of Trump or why people like Elon?

SnickSnack

11/25/22 1:50pm

People can’t separate ideology from there actions.

Bobmarleyjr

11/25/22 2:23pm

Never understood Trump and Elon haters.

84 natlchamps

11/25/22 3:18pm

Tuck it back in and stop obsessing about Elon

GerryWorld

11/25/22 1:45pm

Perv

BlooCoog

11/25/22 6:22pm

Unmuting people with differing opinions has consequences. But they'll be back, quietly.

John Doe

11/25/22 1:54pm

RE: Twitter loses 50 of top 100 advertisers. Elon Musk is really great at

CougarTailDevourer

11/25/22 1:59pm

Based on history I’d say Musk is a decent guy to bet on figuring it out, initial

BYUfan92

11/25/22 2:09pm

If only he were as smart as you…

cougarnw

11/25/22 2:12pm

Twitter lost 50% of advertisers because 50% of corporate American hates diversit

King of Y

11/25/22 2:19pm

Yep. All companies that lean hard left

OldFogey

11/25/22 5:00pm

It wasn't a financial decision to buy Twitter

CharlottesvilleCoug

11/25/22 2:30pm

Valid point. more philanthropic to ensure freedom of speech on social media

zerome4sooners

11/25/22 6:05pm

You should do some further digging

BlackBart

11/25/22 2:31pm

Hasn’t he significantly already boosted users in his short time there?

zerome4sooners

11/25/22 2:47pm

Bloocoug … take the “L” and close shop! No one agrees w/you about Musk. EDS 👀

jpal1397

11/25/22 3:06pm

Your obsession with successful men should be concerning to those who know you.

WizeGuise

11/25/22 4:16pm

Especially his clients

Backcountry

11/25/22 4:22pm

Sounds Wize. Don’t think I’m obsessed with anyone, although I truly enjoy poking

BlooCoog

11/25/22 6:25pm

You seem to talk about him more than anyone else here. Soooo….

zerome4sooners

11/25/22 6:27pm

Musk bugs, so I enjoy bugging his admirers. I did the same thing with Trump

BlooCoog

11/25/22 6:33pm

Shocking! I never would’ve guessed

zerome4sooners

11/25/22 7:06pm

So you admit you’re a troll?

delinquentcoug

11/25/22 6:39pm

RE: So you admit you’re a troll?

Ungoy

11/25/22 6:43pm

Trolls are scary.

BlooCoog

11/25/22 7:41pm

No just dumb.

delinquentcoug

11/25/22 7:46pm

So 50% of the advertisers but not the advertising dollars

BYU Grounds

11/25/22 5:22pm

<< Deleted >>

BYU Grounds

11/25/22 5:24pm

<< Deleted >>

BYU Grounds

11/25/22 5:24pm

Elon to bloocoog:

maxpowers

11/25/22 6:35pm

So pervy.

BlooCoog

11/25/22 8:36pm

That's no way to talk about AOC, even if it's true.

Division Bell

11/25/22 9:38pm

Seems he is cleaning house and wants to rid his company of dead weight policies and people

Probable Sacko

11/25/22 8:03pm

So only half of what was probably liberal-owned advertisers left? Not bad

ColonelMustard

11/26/22 9:42am

Mock him if you want, but I don't know anyone here on Cougarboard that has made

Bracing For A Recession, Twitter Cutting Costs And Moving To Subscription Based Model

Posting on CougarBoard