Elon Buys Twitter

Discussion in 'The Mainboard' started by Whammy, Apr 14, 2022.

  1. zeberdee

    zeberdee wheel snipe celly boys
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    are we sure she's not a Black Mirror writer workshopping ideas for season 6?
     
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  2. ~ taylor ~

    ~ taylor ~ Boom... head shot.
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    Why would anybody thing anybody would rather do any of those things for a token than for straight cash?
     
  3. user15000

    user15000 Well-Known Member





     
  4. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    Dying at her thinking she’s come up with a great idea for Costco, who literally only makes money by getting people to buy memberships
     
  5. Xander Crews

    Xander Crews Founding Member: Dangerous Nights Crew
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    But what if…and hear me out, We remove Costco’s main revenue stream and replace it with non-members who will buy products that Costco takes a loss on?
     
  6. ~ taylor ~

    ~ taylor ~ Boom... head shot.
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    But think of the volume of items they'll sell at a small loss!
     
  7. dblplay1212

    dblplay1212 Well-Known Member
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    She's really dumb, but membership fees are only a small part of Costco's revenue/profit. Costco isn't taking a loss on many items.
     
  8. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    Memberships are traditionally like 75-85% of their GP
     
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  9. dblplay1212

    dblplay1212 Well-Known Member
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    Gross profit was $25b in 2021, membership fees were only $3.9b.
     
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  10. zeberdee

    zeberdee wheel snipe celly boys
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    goddamn I should have invented Costco.
     
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  11. ~ taylor ~

    ~ taylor ~ Boom... head shot.
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    At the same time, that's an insane way to quantify it. Costco sales revenue were $192B and memberships were $3.9B in revenue, with a gross profit was $5B. It is weird say memberships were therefore 80% of gross profit when the comprison doesn't make sense.
     
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  12. devine

    devine hi, i am user devine
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  13. ~ taylor ~

    ~ taylor ~ Boom... head shot.
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    Especially when the gross profit was actually $25B.
     
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  14. zeberdee

    zeberdee wheel snipe celly boys
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    wouldn’t cost of sales be next to nothing on memberships while goods have a small margin?
     
  15. BudKilmer

    BudKilmer Well-Known Member
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    eat shit fuck face

    a useful thing for civilization would you be liquidating all your assets, giving them to build affordable housing and pay off student loan and medical debt, solving world hunger and then jumping off a bridge
     
  16. dblplay1212

    dblplay1212 Well-Known Member
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    Gross profit margin is like 10-11% iirc. Much lower than say Target or Wal Mart but they are still making a lot of money when they have $200b in revenue.
     
  17. zeberdee

    zeberdee wheel snipe celly boys
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    I was just saying in general. obviously the actual numbers say a different story but if they made $7B GP and $5B revenue membership sales then it would make sense to say membership sales make up ~70% of their GP. even if total revenue was $100B.
     
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  18. ~ taylor ~

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    Hard to quantify the cost of sales, but some of it would be employees and advertising, so maybe. You're probably right on good sold. But it's probably not the straight line accounting or the dude would have used those numbers. If membership account for 2% of the renevue and even 10% of the profit, that's amazing. I would say that.

    And the GP number the guys uses is wildly wrong.
     
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  19. chuckmasterflex

    chuckmasterflex Attack and dethrone God
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    I remember going to Dollywood as little kid in 1995 and my mom buying "Dolly Dollars" or whatever they were called at the gate. And handing them to me to spend on carnival games.

    That's why I'm investing in Pepsi Coin, so I can buy Pepsi for 97 cents on the dollar. And resell it at volume.
     
  20. Can I Spliff it

    Can I Spliff it Is Butterbean okay?
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    The little bitch got exactly what he wanted until people started pointing out that hes a huge scumbag from an extremely weird family
     
  21. TAXTAXTAX

    TAXTAXTAX Well-Known Member
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    upload_2022-7-26_0-40-28.png
     
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  22. steamengine

    steamengine I don’t want to press one for English!
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    I’m stating the obvious probably but everyone keeps saying something along the lines of “why can’t these ruthless oligarchs just buy an island and go away. Maybe do some good in the world. I know I would”.

    Not to in any way give them credit, but that’s why they’re billionaires. They live to exploit and attain more. Take not give. It’s disgusting and we’ve created the optimal environment for them to thrive and receive adoration from many for doing it.
     
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  23. Can I Spliff it

    Can I Spliff it Is Butterbean okay?
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    P
    Epstein had an island
     
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  24. bro

    bro Hey Hermano
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    And hideous
     
  25. Beeds07

    Beeds07 Bitch, it's Saturday
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    Me sowing: Look at me! I’m so witty!

    Reaping: Everyone is paying me all this attention. I don’t like it.

    FOH
     
  26. cutig

    cutig My name is Rod, and I like to party
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    Hopefully that means he's jumping off a bridge
     
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  27. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    [​IMG]
     
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  28. Drown ‘Em

    Drown ‘Em Well-Known Member
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    "The amount of attention I'm getting is negatively affecting me while others are benefitting, so I am going to avoid that and focus my attention on making the world a better place", he said while wasting time and seeking attention on social media.
     
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  29. BP

    BP Bout to Regulate.
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    Little late but don’t care

    1F38D4BA-D5C1-4A08-AA24-F706E62CE4BE.jpeg
     
  30. Snakes

    Snakes stubbornly litigious
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    worth the wait
     
  31. Bruce Bowen

    Bruce Bowen Well-Known Member
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  32. pez

    pez Competent
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  33. hood b. goode

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    How strong of a case does twitter have / how fucked is musk
     
  34. Prospector

    Prospector I am not a new member
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  35. Beeds07

    Beeds07 Bitch, it's Saturday
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    In a world where shit matters he would be fucked. He’ll skate with a fine because nothing matters.
     
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  36. ~ taylor ~

    ~ taylor ~ Boom... head shot.
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    Twitter has a good case for heavy damages and some case for making Musk by the company. But how fucked is he? Zero. Worst case scenario he's still a billionare who doesn't own Twitter and doesn't control Tesla (because he has to sell too much if it to pay damages).
     
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  37. Joe Louis

    Joe Louis no thank you turkish, i'm sweet enough
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    i've heard conjecture a settlement for the difference between price when the merger was announced and tender price could be an option. so yeah heavy slap on the wrist actually, but won't change a thing in the grand scheme. i'd like to see some sanctions leveied against wrt to mergers in the future though ...
     
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  38. PAHokie

    PAHokie Can't a bitch living say I bought her Michael Kors
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    You mean best case scenario?
     
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  39. ~ taylor ~

    ~ taylor ~ Boom... head shot.
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    Oh most definitely. The worst case for Elon is the best case for the world. But there is no case where he's broke.
     
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  40. seanofthedead86

    seanofthedead86 Well-Known Member
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    In a just world the Twitter employees who lost their jobs because of this would get damages payment as well.
     
  41. Bruce Bowen

    Bruce Bowen Well-Known Member
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    It feels like most give Musk some sort of advantage in the courts system. This ain’t Trump going up against some subcontractors, Twitter big wigs have billions on the line themselves here.
     
  42. BP

    BP Bout to Regulate.
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  43. Truman

    Truman Well-Known Member
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    Benny Johnson, eh?
     
  44. WC

    WC Bad Company, ‘til the day I die.
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    seems like a pretty serious guy
     
  45. BP

    BP Bout to Regulate.
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    It’s the first one that popped up
     
  46. BWC

    BWC It was the BOAT times, it was the WOAT times
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    The bios of these troglodytes are always good for a laugh (and cry when you realize they have nonzero influence)

    [​IMG]
     
  47. Blu Tang Clan

    Blu Tang Clan Sorry for partying
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    you need to vet your Twitter better
     
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  48. Name P. Redacted

    Name P. Redacted I have no money and I'm also gay
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    I do not wish to hear the opinions of the guy who fucks his step daughter.
     
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  49. Gunners

    Gunners Nicking a living
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    I’ve contemplated many times quitting Westworld but it really seems like something Elon would do

    Those 2 things aren’t related
     
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