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Business, Economics, and Taxes: Capitalism. Yay? >=(

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  • Scarlet
    replied
    Do you suppose he's regretting it?

    Leave a comment:


  • ScoobyDoo
    replied
    Yeah, if someone offers you 500% over value you take it.

    Leave a comment:


  • Swansong
    replied
    Originally posted by Scarlet View Post
    So, as we impatiently wait for the demise of Twitter...why did Jack sell? Did he want to? Or was it that Twitter is a publicly traded company and Musk bought enough stock to be a majority shareholder? Is it still publicly traded? I'm assuming the technology is proprietary otherwise couldn't some other tech head just create something similar? I hate that it's going away. I think it would be hysterical if everyone went over to Truth Social and took it over.
    They sold because Elon made an offer like 30-40% over actual value and it was the chance of a lifetime to get out and be made absurdly and fabulously wealthy. He had already stepped back from being CEO.

    They likely had no intention of selling, but then a legit Godfather offer came in. It'd be as if someone offered you triple the value of your home. Sure, you now need to move and find a place to live. But money!

    Leave a comment:


  • Scarlet
    replied
    So, as we impatiently wait for the demise of Twitter...why did Jack sell? Did he want to? Or was it that Twitter is a publicly traded company and Musk bought enough stock to be a majority shareholder? Is it still publicly traded? I'm assuming the technology is proprietary otherwise couldn't some other tech head just create something similar? I hate that it's going away. I think it would be hysterical if everyone went over to Truth Social and took it over.

    Leave a comment:


  • Kepler
    replied
    Um.

    Leave a comment:


  • MissThundercat
    replied
    At this point, if Elon wants oversee the migration of billionaires to Mars, I'm cool with that.

    Leave a comment:


  • ScoobyDoo
    replied
    Originally posted by Handyman View Post
    So, when does Musk figure out that Software Engineers don't grow on trees?

    Leave a comment:


  • Handyman
    replied
    A thread of people quitting: https://twitter.com/dmofengineering/...BQTEgZPZQ&s=19

    Leave a comment:


  • Spartanforlife4
    replied
    Originally posted by dxmnkd316 View Post
    Hours left for twitter.

    sad to see something like it die.
    https://twitter.com/dimeford/status/...SOcetGd4Xvk4Bg

    Leave a comment:


  • bronconick
    replied
    Wish Elon would buy TicketMaster

    Leave a comment:


  • dxmnkd316
    replied
    Hours left for twitter.

    sad to see something like it die.

    Leave a comment:


  • RaceBoarder
    replied
    Originally posted by aparch View Post
    So, I get that Ticketmaster is a monopoly and needs to be broken up (and wont). But there has to be a way for venues or artists to fight back.

    Someone may be able to correct me, but I thought MLB has always pushed their own Tickets.com as the source for selling tickets (generally up to each MLB team on their website). Other events in those buildings appear to use Ticketmaster for the sales, so either Tickets.com just provides the inventory and Ticketmaster is used as the forward facing interface to verify tickets.... or there's some interoperability in the system the building uses to scan tickets to verify.

    So..... why don't these artists start pushing back and partner with MLB to use Tickets.com instead?

    But, I get the artists are part of the problem too. Selling out an 80k football stadium brings in Brinks trucks more money than a 40k ballpark or 17k arena would.




    Honestly, I'm more surprised Taylor didn't have some secret code buried in the liner notes to Midnight that would have allowed those fans even earlier sale access....
    TicketMaster is everything. The software AND hardware for the entire ticket management system. They own about 70% of the market with Paciolon being about 20%.

    Leave a comment:


  • Spartanforlife4
    replied
    If I have this right. In the last two days, Musk sent out an email telling people they can stay or they can quit and they’ll be given severance if they don’t conform to the new WFH rules. Now he’s already backtracking because too many people quit and saying there can be a modified program as long as managers make sure productivity stays at whatever insane benchmark I’m sure he’s set.

    Just now it’s being reported he is afraid people are sabotaging the company so he’s deactivated badges until Monday.

    https://twitter.com/zoeschiffer/stat...SOcetGd4Xvk4Bg

    This man is insane. Why is anyone sticking around at this point? They must have the skills to go wherever they want and not be trapped in this hell scape.
    Last edited by Spartanforlife4; 11-17-2022, 07:07 PM.

    Leave a comment:


  • dxmnkd316
    replied
    If there's an artist who could do something g about it, it's Swift. She's young, powerful, speaks to issues, and commands an almost unprecedented following (maybe matched by a half dozen other acts).

    Swift is the kind of act that doesn't need to ask anyone to do anything, they basically line up to beg for it. She could definitely affect change here. Wouldn't be surprised to see change come of this debacle.

    Leave a comment:


  • aparch
    replied
    So, I get that Ticketmaster is a monopoly and needs to be broken up (and wont). But there has to be a way for venues or artists to fight back.

    Someone may be able to correct me, but I thought MLB has always pushed their own Tickets.com as the source for selling tickets (generally up to each MLB team on their website). Other events in those buildings appear to use Ticketmaster for the sales, so either Tickets.com just provides the inventory and Ticketmaster is used as the forward facing interface to verify tickets.... or there's some interoperability in the system the building uses to scan tickets to verify.

    So..... why don't these artists start pushing back and partner with MLB to use Tickets.com instead?

    But, I get the artists are part of the problem too. Selling out an 80k football stadium brings in Brinks trucks more money than a 40k ballpark or 17k arena would.




    Honestly, I'm more surprised Taylor didn't have some secret code buried in the liner notes to Midnight that would have allowed those fans even earlier sale access....

    Leave a comment:

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