When you buy a company the primary asset is it’s network effect (user-customer base). So by buying twitter (a) he takes an enemy out of the market AND (b) gains control over the enemy’s market, and produces a cash flow, saving himself maybe five to ten years of market competition. So now he has the platform to create X (the universal app). He just needs to stay above break even long enough to do it.
Reply addressees: @FuryForth @compliantcitiz1
Source date (UTC): 2024-02-08 14:12:00 UTC
Original post: https://twitter.com/i/web/status/1755595339229192193
Replying to: https://twitter.com/i/web/status/1755589971543507116
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