Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow.
Linda Yaccarino, a former NBCUniversal marketing executive, recently took over the CEO position from Musk – he’s likely betting on her advertising experience to bring them back.
See? It’s not his fault things are going poorly, it’s hers!
Yeah, it is the stereotypical glass cliff, with the twist that everyone knows that Elmo is still responsible for all decisions and she has nothing to say.
Ah, but he has a way out!
See? It’s not his fault things are going poorly, it’s hers!
Yeah, it is the stereotypical glass cliff, with the twist that everyone knows that Elmo is still responsible for all decisions and she has nothing to say.
Because Elmo is that kind of genius.
Meanwhile she just probably went “oh girl, a job the world doesn’t expect me to succeed at? Woo, failing upwards!!!”