this post was submitted on 15 Jul 2023
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Why would he tweet about his losses in the first place? I applaud his openness (/s) but I doubt any investors or advertisers will come running to a dying social networking.
He thinks it gives him an excuse to escalate his erratic decision-making.
I think it's either better than 50, or he expects it to be better shortly so when he says it's 40, he can celebrate how good he did for the +10.
If your losses are at 80% and you tell everyone they’re at 50% you can try to spin the story in your favor.