this post was submitted on 24 Jul 2023
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[–] Discoslugs@lemmy.world 0 points 1 year ago (1 children)

It amazes me how badly these billionares are at running businesses.

Like im an engineer and Not in my wildest dreams could I have destoyed a company like Twitter faster than musk.

Like Did he do it on purpose?

[–] corroded@lemmy.world 0 points 1 year ago (1 children)

It HAS to be on purpose. Nobody can get to billionaire levels of wealth and be completely inept, right? RIGHT?

[–] Naia@lemmy.blahaj.zone 0 points 1 year ago (1 children)

Unfortunately, once you get enough money the system is designed to keep you wealthy no matter how much you fuck up.

Like, Trump has had multiple failed companies including casinos thay failed because he had them competeing with each other.

Yet while he's probably not a billionaire he still has the status of "wealthy" and managed to fail into the most powerful position in government.

Musk had more money, and therefore can fuck up way harder and still be fine. He could burn Twitter to the ground for all the effect it would have on him.

[–] anlumo@feddit.de 0 points 1 year ago

The reason is that they know people with money, and those people listen. For example, Musk only had to post about his attempt to buy Twitter in a groupchat, and he got Billions of Dollars from them to do it, unchecked. Regular people don't get their ear, and even if they do for some unfathomable reason, everything is checked meticulously.